EUR/JPY soars as safe-haven demand wanes

The EUR/JPY is moving in the upper level since the kick-off of the early European trading session, despite the soft European data and amidst the US fiscal budget impasse.
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US: NAHB Housing Market Index slides to 55 in October

The US NAHB Housing Market Index fell to 55 in October, from 57 in September, according to data released by the National Association of Home Builders. Analysts expected the indicator to rise to 58.
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