China Gross Domestic Product (YoY) registered at 7.3% above expectations (7.2%) in 4Q

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USD/JPY: Stops above 118.00 triggered

USD/JPY bullish momentum has extended during Tokyo hours, with the pair breaking through 118.00, triggering stop loss buy orders above the round number in the process, with the highest set at 118.25.
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China Retail Sales (YoY) registered at 11.9% above expectations (11.7%) in December

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