US Q1 GDP: Without the boost from inventories, growth would have only been 2.5% - Wells Fargo

Data released today showed a revision of Q1 GDP from 3.2% initially reported to to 3.1%. Analysts at Wells Fargo point out that the softening was due
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USD/JPY loses momentum ahead of 110, trades in upper half of daily range near 109.90

After failing to take advantage of the broad USD strength earlier this week with the sour market sentiment helping the JPY stay resilient against its
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