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Flash: QE3 exit is going to be delayed?

FXstreet.com (London) - Research teams at BBH said the partial shutdown of the US government and the political impasse remains the most important factor for markets.

Key Quotes:

“Many are also recognizing that the longer the government is closed, the more likely that the Fed's exit strategy from QE3 is delayed”.

“The recent string of non-government data, including the ADP jobs estimate, auto sales, and consumer confidence all softened from the previous reports”.

USD/JPY ahead of 200 DMA; to hold?

USD/JPY had climbed back above the 97.00 ahead of the 200 DMA that markets are using as a panicle level but failed to penetrate 97.20 ahead of real pain at 97.50.
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