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Tumble in USD/JPY volatility

USD/JPY ATR(14) is at minimums across several time frames, from 30min to daily charts.

Volatility shrunk to levels not seen in several weeks of trading independently from trend direction. This signal augurs poorly for short-term traders because they indicate less direction for trend following and less volatility for mean reversion. It is advised to look for a catalyst and subsequent change in dynamics before entering USD/JPY trades.

Asian currencies riding high on false rally - ANZ

Khoon Goh, Research Analyst at ANZ Research, suggests that while a delay in Fed rate hike expectations may have been the catalyst for the sharp rally in Asian currencies this week, we do not believe this is the start of a turnaround.
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Japan: August core machinery orders down, may turn negative in Jul-Sep quarter - Nomura

Research Team at Nomura, note that the Japanese Core machinery orders (private sector, excluding orders for ships and from electric power companies) in August 2015 fell 5.7% m-m, which is a much weaker result than the consensus forecast (Bloomberg survey median) for growth of 2.3%.
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