USD/JPY still faces ST downside risks - JPMorgan

The range bias in USD/JPY continues to develop, but the short term downside risks have not been eliminated, notes the FX Strategy Team at JPMorgan.
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AUD/USD drifting lower towards 0.9350 bids

AUD/USD is confined in a ranging environment of 40/50 pips between 0.9390/.94 and 0.9350.
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