Flash: USD holds firm bias as September Fed deadline counts down – BBH

The BBH Currency Strategy Team grapples the outlook and recent performance of the USD in relation to Fed tapering.
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USD/JPY spikes to 98.30; dip-buyers fail to hold 98.00

USD/JPY just had a 30+ pips spike following recovery off 97.75 lows, with price reaching a session high at 98.30, which coincides with last U.S. session high.
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