Japan May All Industry Activity Index (MoM) improves to 1.1% vs 0.1%

Jul 19, 2013

USD whipsawed in Asia end of week ahead of Japan elections

Big reversal in USD today in the Asia-Pacific to end the trading week in the region, ahead of elections to the upper house of parliament in Japan, taking USD index to fresh daily lows at 82.55 from earlier session highs at 82.93, leaving behind a clear H&S reversal pattern in the short term charts from latest recovery.

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Jul 19, 2013

GBP/USD surge capped below 1.5250

The GBP/USD foreign exchange rate is last trading at 1.5238, off recent session highs at 1.5249, once it has bounced from session lows at 1.5195 on the back of massive broad USD weakness ahead of UK Public sector net borrowing at 08:30 GMT.

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