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Yen on the move in the Asian morning, back above 130

Started by forex4you, May 02, 2022, 06:53 am

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forex4you

May 02, 2022, 06:53 am
Yen on the move in the Asian morning, back above 130

USD/JPY has jumped higher in thin trade, circa 130.25 as I post.
Oil opened lower.
US equity index futures popped at the open of Globex but have since slumped. 
Chinese data over the weekend was awful:

China PMIs for April 2022 have been published - all are well into contraction
And May is not off to a great start:
China COVID-19 - Beijing tightened COVID restrictions on Sunday
USD/JPY:

Source: Yen on the move in the Asian morning, back above 130

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