Looking at USDJPY’s chart, we can see that the FX pair is on a downtrend, dropping from around ¥137.85 to the current rate of around ¥133.50. Today, we do not expect it to rise above the level of ¥134 but this will might change at 15:30 when the CPI will be announced, and it will play a major role on the decision of the FED’s March interest rate hike.

USDJPY

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GBP/USD remains depressed near 1.2520 on stronger Dollar

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Poor results from the UK docket kept the British pound on the back foot on Thursday, hovering around the low-1.2500s in a context of generalized weakness in the risk-linked galaxy vs. another outstanding day in the Greenback.

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Gold keeps the bid bias unchanged near $2,700

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Eurozone PMI sounds the alarm about growth once more

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