The yen dominated the market, gaining against all the majors, after hawkish comments from BoJ hinting at another interest rate hike coming soon. The dollar was also given a break after stronger than expected services data gave it the chance to pull back from recent lows against the pound and the euro.

GBP
The sterling fell against the dollar and the euro as investors took profits on the pound's recent rally. However, the pound has fallen slightly after the release of Industrial Production for October.

USD
The dollar managed to consolidate after recent sharp declines, following the release of ISM Services data. This slightly countered recent signs of a slowing economy. This could stop any serious sell-off ahead of tomorrow's non-farm payroll report.

EUR
The euro fell against the dollar but posted slight gains against the sterling, as the dollar pulled back from its recent lows. The bank is expected to continue with its bi-monthly increase in rates begun in December last year.

JPY
The yen traded higher across the board after hawkish comments from BoJ policy board member Atsushi Mizuno.

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