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USD/JPY recovers and holds above 102.00

FXStreet (Córdoba) - The ">USD/JPY stabilized above 102.00 after bouncing from 101.77, 1-week low. Earlier the pair dropped sharply in a few minutes from 102.35 to 101.77 and then recovered ground.

The move from the lows found resistance at 102.15 and currently trades at 102.06, down 60 pips from today's opening price. Greenback is about to post the lowest daily close since July 28.

Activity in the currency market remained steady in the last hours following the bearish rally of the US dollar across the board during the American session.

USD/CHF reverses from 6-month highs and falls to 0.9070

The USD/CHF rose during the European session to 0.9113, hitting the strongtes level since January 23.
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Dollar volatility a big mistake - FXStreet

Valeria Bednarik, chief analyst at FXStreet noted the conditions around the European and US FX space today
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