JPY holding its gains ...Middle East

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JPY holding its gains

I posted on the Japanese data earlier:

Japan preliminary Q2 GDP +0.3% q/q (expected +0.1%)the fifth consecutive quarter of GDP increasebetter GDP = less dovish BoJ bias = higher yields, stronger yen.

JPY has since gained:

    USD/JPY is circa 147.60 from early highs above 147.80 This article was written by Eamonn Sheridan at investinglive.com.

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