USD/JPY extends decline to 118.50

After a brief rebound from 118.50 to 118.75, the USD/JPY resumed its post-minutes downtrend and now the pair is testing the 118.50 area again.
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EUR/USD unable to hold above 1.1400

EUR/USD spiked to the upper side of its daily range and printed session highs above 1.1400 following the FOMC minutes, which showed members are leaned to hold rates low for a “longer period”.
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