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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 136813, member: 22847"] [B]AceTraderFx Oct 03: Intra-Day Market Moving News and Views -USD/JPY[/B] [B]Intra-Day Market Moving News and Views 03 Oct 2017[/B] [I]03:10GMT[/I] USD/JPY - 113.06.. Dlr popped higher in early Asian trading due to renewed usd strength following yesterday's gain, price easily penetrated Monday's 113.06 high to 113.17 as rebound in U.S. yields plus yesterday's rise in U.S. stocks to record highs boosted risk appetite, suggesting re-test of last Wed's 2-month peak at 113.26 would be seen after consolidation. Therefore, buying dlr on dips is the way to go despite Mon's wild swings in New York session, bids are noted at 113.00/112.90 n more below with stops reported below 112.50. A mixture of offers n stops is touted at 113.25/30. [B]Data to be released on Tuesday: [/B] China market holiday, Germany market holiday, New Zealand NZIER confidence, GDT price index, Australia HIA new home sales, building permits, RBA interest rate decision, Japan consumer confidence. U.K. Markit construction PMI, EU producer prices. U.S. will release Redbook sales n ISM New York bus conditions index later in the day. [/QUOTE]
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