USD/JPY approaches 123.00 and retreats

USD/JPY continued to rise despite the latest round of US economic data that showed lower-than-expected numbers. The pair climbed to 122.92, approaching 123.00 but then pulled back. Currently it trades at 122.80/85, up 30 pips from yesterday’s closing price.
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Irony in the European market - Rabobank

European stock markets opened higher, rebounding from yesterday’s geopolitical driven drop.
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