Divergence

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USD/JPY: Things could get hairy if 111.00 support gives way

March 21, 2016 12:45 PM
<p>Markets are off to a ponderous start to the week as theres been essentially no new data to digest over the weekend. Global equities, fixed income, and currencies are all essentially unchanged across the board and with no major economic releases on tap for today’s US session (beyond the second-tier Existing Home Sales report at 14:00 GMT), the slo...