USD Bears Vulnerable To A Squeeze; Prepare To Go Long USD/JPY - BofA Merrill

Technicals suggest that across many USD currency pairs, the recent dollar decline is reaching bearish sentiment and momentum extremes that warn of a potential bounce and squeeze higher, says Bank of America Merrill Lynch. In USD/CAD for example, the "break of 0.9728, 2wk trendline resistance, ... FF News: Technical

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Japanese firms shut China plants, U.S. urges calm in islands row

Major Japanese firms have shut factories in China and urged expatriate workers on Monday to stay indoors ahead of what could be more angry protests over a territorial dispute that threatens to hurt trade ties between Asia's two biggest economies. China's worst outbreak of anti-Japan sentiment in... FF News: Fundamental

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