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USD/JPY 118.60 low caroms off up TrendLine on steady FOMC view

  • USD pops with Treasury yields as Fed basically maintained its policy view

  • USD longs already pruned heavily pre/post today's US GDP

  • USD/JPY bounces off up TrendLine from Mar-Apr lows

  • BOJ tonight seen steady as well; Golden week/mo-end sap interest

  • Offers noted 119.30-50; bids 118.50

  • Market Data
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