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Japan's retail trade figures above expectations

Japan's retail trade figures for the month of January came at +2.3% on a month by month basis, surpassing the +0.9% expected number. Meanwhile, the yearly read came at -1.1% vs. -1.5% y/y expected. USD/JPY traders have retaken the 92.00 handle, where the pair operates quiet after the release.

Forex Flash: Good levels to re-enter longs on EUR/USD and EUR/JPY - NAB

NAB strategists see the drop in EUR/USD and EUR/JPY as offering good levels to re-instate long positions, "content that we are as yet a long way from needing to take a ‘sky is falling’ interpretation of the indecisive Italian election result" NAB notes.
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