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USD/JPY trade above 10-DMA

The USD/JPY advances further to 113.77, hovering close to fresh three-day highs of 113.81, up 0.38% so far. While the Japanese benchmark index, the Nikkei rallies +1.40% and nears 17k mark.

Focus ECB

Markets now await fresh impetus from the upcoming ECB meeting, which is expected to spur huge market volatility and set next direction for the major as the central bank’s decision will have significant impact on the greenback.

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