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Forex: USD/JPY consolidates above 96.00

The dollar consolidates near a 3 ½-year high against the yen after last Friday's US jobs report fueled optimism about the strength of the US economic recovery.

USD/JPY has spent most of the day within a narrow range between 95.93/94.25 after hitting its highest since Aug 2009 at 96.54 last Friday on the back of NFP. At time of writing, USD/JPY is trading around 96.10/15, where it is virtually unchanged since opening.

The yen remains vulnerable amid speculations the BoJ may ease its policy further at its April's meeting after the governor Haruhiko Kuroda is appointed.

Euro: uncertainty could rule ahead in the week

The single currency remains glued to the psychological limestone of 1.3000 at the start of the trading week, still digesting last Friday’s stronger-than-expected US Payrolls that dragged EUR/USD to fresh 2013 lows...
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Forex: USD/CHF reaches 0.9500 in slow trade

A very slow moving market has nevertheless reached the 0.9500 psychological level as the European morning ends and prepares to give way to the NY session. Friday's rally peaked at 0.9552 high, but this week's trading has only gone as high as 0.9530.
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