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Approval rating of PM Abe’s cabinet soars - Nikkei poll

FXStreet (Bali) - Nikkei reports that PM Abe's cabinet has seen a boost in public approval following its reshuffle, with support now at 60% based on a Nikke poll, after an 11 points rise.

According to Nikkei: "The rise in support reflects favorable views among women and independent voters who liked Wednesday’s lineup change. Public support for the cabinet rose 11 percentage points from the previous survey conducted in late August. The disapproval rating declined 10 points to 26%. Support for the government among women had been eroding, and the cabinet revamp appears to have reversed the trend, at least for now."

EUR has room to fall further - TDS

Fundamental and policy divergences, according to TDS FX Strategists, suggest EURUSD weakness can extend, noting that "while rate spreads do imply a degree of short-term overshoot in EURUSD’s decline, positioning and market 'stretch' are not excessive."
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EUR/JPY: Bearish while below 138.40 - FXStreet

EUR/JPY keeps its bearish potential intact as long as below 138.40, notes Valeria Bednarik, Chief Analyst at FXStreet.
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