Heading into NFP and the US presidential election, uncertainty in the markets is likely to keep EUR/USD range bound. The market is in the middle of a 1.2800/30 to 1.3025 range and lacking meaningful traction. USD/JPY, however, is staying stubbornly bid and our focus is also on AUD/JPY as it approaching range highs since the Northern Hemisphere summer.
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Barclays Capital