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      US: Business Inventories rose +0.1% in December

      In December, Business Inventories in the US have risen +0.1%, coming below the expected rise of 0.3%. November data was revised lower, from +0.3% to +0.2%.

      Forex: USD/JPY holds above 93.50 after US inventories

      The USD/JPY retraced its Asian losses (low at 92.83) during the European shift, peaking at 93.78 high. The pair has retrieved to just above the opening price of 93.47.
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