[MARKET UPDATE] USD/JPY immediately falls 60 pips following comments from Japanese Finance Minister Katayama
The immediate 60-pip drop in USD/JPY indicates a strong reaction to comments from Finance Minister Katayama, suggesting increased concerns over yen strength or intervention signals.
German GDP Growth Rate YoY Flash (Q1) Y/Y 0.3% (Prev. 0.4%)
German GDP Growth Rate QoQ Flash (Q1) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.3%)
[MARKET UPDATE] USD/JPY immediately falls 60 pips following comments from Japanese Finance Minister Katayama
German Unemployed Persons (Apr) 3.006M (Prev. 2.977M)
Heznbollah Vice President says the resistance will not stop until the entire land of Lebanon is liberated
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- The move followed through to other pairs - Cable rose 35 pips, EUR/USD 7 pips amid USD weakness.
This move also prompted a broader weakening of the USD, benefiting other pairs like GBP/USD and EUR/USD, which reinforces the narrative of risk sentiment shifting against the dollar.
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