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4 Oct 2017

USD/JPY: eyes on Fed leadership- Scotiabank

Analysts at Scotiabank explained that JPY is up vs. the USD, outperforming its G4 peers and most of the G10 currencies in an environment of broad-based USD weakness. 

Key Quotes:

"US developments are dominating as market participants consider the potential candidates for Fed leadership and their implications for relative central bank policy."

"U.S.-Japan spreads are showing signs of stabilization following their impressive (JPY-negative) widening from early September."

Oct 4, 2017

GBP/USD consolidates daily gains below 1.33, Yellen speech eyed

The GBP/USD pair rose to a fresh daily peak at 1.3290 in the last hour before starting to consolidate its daily gains ahead of Fed Chairwoman Janet Ye
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Oct 4, 2017

GBP/JPY rebounds from 149.00, first gain in a week

The pound is rising against the yen for the first time in a week. While the pound remained steady, the Japanese yen lost momentum during the American
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