Safe haven currency pairs USD/JPY now fell just following the Tokyo fix, at 108.75/108.80, the currencies hitting lows just above 108.50. The drop USD/JPY coincided with the news of Nellie Liang withdrawing her application to join the Fed Board. Japanese Yen crosses were lower alongside, especially EUR/JPY as EUR/USD dropped a little too
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Eurozone currencies pairs, EUR/USD fall extended further, and going more deeper, the EUR/USD pairs to be down 50+ points on the session at its lows. of course the extended fall in EUR/USD spread to USD strength elsewhere, USD/JPY notably turning around and trading toward (but not through) 109, much of the buying being attributed to shorts forced to cover above the earlier highs.
Meanwhile from Aussie session, AUD and NZD dropped back also, as reported from FX news, AUD and NZD dropped, During the session we got data from Australia, job ads and the November trade balance position. recently data, Job ads had been falling m/m at the end of 2018 but today's data was a flat result. This condition is Better and indicative of continued job growth being likely. The trade balance was a surplus but not as big as expected.
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So how about The pound sterling, GBP is lower as the USD strengthened. as we see belong to a few of the latest Brexit headlines and some other news. Today's was speculation that exit will be delayed. Countered by the UK PM Theresia May saying no it won't be, but others maybe yes
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