USD/JPY risk of an upside break increases – Scotiabank

Disappointing Capex data out of Japan causes USD/JPY to rise, but the pair stays contained within the broad range, notes Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank.
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United States Personal Income (MoM) registered at 0.3%, below expectations (0.4%) in January

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