Currently in retreat at 120.44 but off session lows
Offers: 120.80 121.00 121.20 121.35 121.50 121.80 122.00
Bids: 120.40 120.25 120.00 119.80-85 119.50 119.30 119.00
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USDJPY orders 11 September
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- In-line CPI report leads to a blockbuster day for US stock markets
- US stocks open higher led by the NASDAQ index
- USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- BOJ reportedly erring towards keeping interest rates unchanged next week
- USD/JPY back above 153.00
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