U.S. Dollar Trading (USD) recent economic data has started to push up yields on US treasuries and this is directly affecting the USD/JPY which has broken back above Y80 for the first time in 3 months. September Durable Goods Orders surged 9.9% vs. -13% last month. Q3 GDP tonight will be critical for the recent Dollar strength. Looking ahead, Q3 GDP forecast at 1.9% vs. 3.3% q/y.
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