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Forex Flash: USD/JPY to see further downside? - OCBC Bank

FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank believes that the BOJ governor has big shoes to fill on Thursday given the constant stream of dovish rhetoric over the past week.

He feels that if the 93.00/30 area is pierced, then look for scope to test towards 91.70. Moving to AUD/USD, he adds that the pair blipped higher again in early trade on Wednesday following a smaller than expected Feb trade deficit. He writes, “With markets perceived to be risk-neutral for now, expect headline driven price action in the near term with the pair seen supported on dips within a 1.0360-1.0500 band.”

Forex Flash: US labour data in focus - BTMU

Derek Halpenny, European Head of Global Markets Research at the Bank of Tokyo Mitsubishi UFJ notes that the key US data today will of course by the labour market data.
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Forex Flash: EUR crosses hold bearish bias - UBS

Gareth Berry and Geoffrey Yu of UBS have taken a technical look at today´s EUR crosses and see a bearish bias ahead.
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