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USD/JPY rallies to 3-year high

The dollar rallied to a 3-year high over the Japanese yen as traders priced in dovish Japanese policy under the new PM and tapering from the Fed. Bitcoin continued to gain ground, even as Jamie Dimon called it ‘worthless’.

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Reddit silver squeeze is on!

Retail traders on the Reddit chat room WallStreetBets continue to target a short squeeze in silver. The precious metal gapped 8% higher on Sunday’s open. USD/JPY has reached a 2-month high. The Dow had its worst week since October.