USD/JPY dips below 120.00 and bounces

USD/JPY faced a bout of selling and fell below the 120 mark toward fresh lows, dragged down by EUR/JPY drop on the back of Draghi’s dovish remarks.
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AUD/USD erases losses and rallies above 0.7020

AUD/USD gained momentum after Wall Street opening bell and amid a recovery in commodity prices. The pair initially erased losses and is now trading at the top, testing yesterday’s highs located around 0.7060.
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