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Forex: USD/JPY pushes above 96.00

FXstreet.com (Barcelona) - USD/JPY has continued its march higher after soothing words from ECB President Draghi, added to the bullish momentum that followed through from last nights BoJ meet.

The pair has posted a high at 96.08 following today's ECB meeting, continuing the upside momentum from the Asia session that has seen the pair climb over three points today. The previous multi year high for the pair sits at 96.70 and is well within reach for today´s price action following new BoJ Governor Kuroda´s overnight policy statement which managed to redouble analyst easing expectations. Daily RSI is at 61 and moving with upside momentum.

Forex: EUR/GBP falls below support to trade at 0.8472/73

The EUR/GBP fell below the 0.8500 support during American trading Thursday, in what has been a wild session for the pair. Having already bottomed out at 0.8435 (session low), the cross managed to recover its losses and nearly make a retest of the 0.8500 level – the attempt stalled at 0.8487, and now the pair trades at just 0.8472/73.
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