USD/JPY Lookin Bearish

The Dollar is mildly soft this morning, after a slew of both European and U.S. data. On the whole, there was nothing very exciting on either side of the Atlantic, though both the Euro and Pound perked-up after the releases. Using eurozone borrowing growth and expanding money supply as a basis, the ECB is widely expected to raise rates tomorrow to 2.5%. The late afternoon commentary will be the next major event.
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