Japan Nikkei Manufacturing PMI below expectations (50.5) in May: Actual (49.6)

USD/JPY: Bears dominate near 110.20 as Tokyo open responds to risk-off

Be it trade negative news or political pessimism, the USD/JPY declines to 110.20 as Tokyo opens on Thursday.
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Fed's rate hike pause fails to lift US housing outlook - Reuters

The risk appetite in the financial markets has improved significantly since the US Federal Reserve quit hiking rates at the end of last year. So far,
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