GBP/USD drops below 1.6370

The sterling is now losing the grip on Wednesday, taking the GBP/USD to challenge session lows in the 1.6370/65 region...
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Flash: Expect near term USD/JPY cap at 102.80 - OCBC Bank

Emmanuel Ng, FX Strategist at OCBC Bank notes that the USD/JPY may await further cues intra-day with the ADP report, Beige Book, and non-manufacturing ISM on tap during the NY session...
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