| The Bank of Japan met and eased their yield curve control on the 10 year effectively expanding their tolerance by a further 50 basis points to 1.0%. That news - and the other news this week - has the pair moving back toward a neutral level after up-and-down-volatility. The pair is trading near the 38.2% of the range since the end of June high at 140.224 and the 100 and 200-hour MAs at 140.517 and 140.25 respectively. |
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