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Japan PM Abe: Closely monitoring effects from coronavirus on the economy

Japanese Prime Minister Shinzo Abe was out with some comments in the last hour, via Reuters, saying that the domestic economy remains in moderate recovery.

Additional quotes:

  • Closely monitoring effects from coronavirus on the economy.
  • Also monitoring market moves with a sense of urgency.
  • Will proceed with the preparations for the Olympics.

USD/JPY: False break higher – Commerzbank

USD/JPY has eroded the 110.31 January high and it is possible that the market has seen a false break higher, according to Karen Jones, Team Head FICC
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USD/CAD in search of a firm direction, stuck in a range, below 1.3300 mark

The USD/CAD pair continued with its struggle to move back above the 1.3300 round-figure mark and remained confined in a two-day-old trading range. A c
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