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United States Housing Price Index (MoM) above expectations (0.4%) in July: Actual (0.6%)

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USD/JPY remains capped by 120.00

USD/JPY fell sharply throughout the European session and broke below the 120.00 mark as the risk off mood boosted demand for the yen as safe-haven.
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GBP/USD: 50% of September gains retraced

The slide in the GBP/USD pair continues in the early US session pushing it to within a touching distance from 1.5410 (50% of 1.5162-1.5658).
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