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Share: USD/JPY seesaws at three-week high despite latest retreat. 10-year JGB yields jump to highest since 2014, BoJ announces unscheduled no-limit bond-buying. US Dollar bulls take a breather after US credit rating downgrade, ADP Employment Change favored buyers the previous day. A slew of US data eyed for clear directions, yields are the
Caixin / S&P Global Services PMI for July is a beat and an improved 54.1 and a seventh consecutive month of expansion expected 52.5, prior 53.9 The Composite, however, is down from June at 51.9 “In terms of policies, the top priorities should still be guaranteeing employment, stabilizing expectations and increasing household income,” said Wang