ECB: No new policy signals – Danske Bank

Analysts at Danske Bank points out that the ECB kicks of the action with its meeting and press conference at 14.30 CEST and will be a key event for to
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USD/JPY consolidates in a range, just above 111.00 handle

• Initial signs of stability undermine JPY’s safe-haven demand and helped limit the downside. • Traders refrained from placing aggressive bets ahead
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