Currently 121.70 off session highs but supported by EURJPY demand now. Large option expiries in play
Offers: 121.85 122.00 122.25-30 122.50 122.75 123.00
Bids: 121.50 121.25-30 121.00 120.75-80 120.50 120.20-25 120.00
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USDJPY orders 5 Nov
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- In-line CPI report leads to a blockbuster day for US stock markets
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- 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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