RahmanSL
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...hmmmm....US Building Permits (MoM) came in better than expected (1.08M vs 1.04M) and the USD/JPY made a half-hearted dash to the 117.67 levels and then retreated almost immediately. This probably has to do with Housing Starts (MoM) coming in a little worst than expected (1.01M vs 1.02M).
My own view is market is really waiting for FOMC minutes, read/interpret whatever they can from that, and take the clue form there.
My own view is market is really waiting for FOMC minutes, read/interpret whatever they can from that, and take the clue form there.