USD weakening further in Asia trade, USD/JPY towards 149.00 ...Middle East

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USD weakening further in Asia trade, USD/JPY towards 149.00
source : forex live ( Middle East ) () 17
USD/JPY traded higher early, back towards 150 but has been sold off a big figure or so to approach 149.00Apart from what has already been posted there is nothing fresh. AUD, EUR, GBP, NZD, CAD are all stronger against the dollar.Yuan is a notable beneficiary, we had USD/CNY set at its strongest (for CNY) since August 11 earlier:PBOC sets USD/ CNY reference rate for today at 7.1612 (vs. estimate at 7.2320)Back to the JPY, thoughts of a pivot from the BOJ are gaining more widely:Pimco makes bold yen buying move, forecasting Bank of Japan monetary tightening This article was written by Eamonn Sheridan at www.forexlive.com.

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