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13 Aug 2013

Flash: Dips in USD/JPY mid term buying opportunities - Nomura

FXstreet.com (Barcelona) - According to Nomura Strategists Yujiro Goto, the tax hike debate in Japan is set to continue after Q2 GDP disappoints. The core view for Nomura, however, "remains that the tax hike is implemented as scheduled and USDJPY rises in the medium term" Goto notes, adding that as a result, "the dip in USDJPY related to the tax hike debate should be regarded as an opportunity to enter USDJPY long positions in the medium term."
Aug 13, 2013

AUD/JPY bears and bulls break even

AUD/JPY pocketed 0.03% gains after short-lived swings in very quiet Asian session.
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Aug 13, 2013

Flash: NZD/USD range to unravel on Fed taper decision - Westpac

The most likely catalyst for a break outside the 0.7685-0.8135 range in NZD/USD is the Fed’s decision on tapering, notes Imre Speizer, FX Strategist at Westpac.
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