France Industrial Output (MoM) registered at -0.4%, below expectations (0.4%) in March

May 9, 2018

USD/JPY extends bullish momentum further beyond mid-109.00s

• A strong follow-through USD buying helps move out of the recent trading range. • Bulls also seemed to track rising US bond yields amid Fed

The bears regained momentum in early Europe, knocking off the AUD/USD pair back toward the 0.74 handle, as the US dollar buying picked-up pace across