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Yen's Fate Depends On US Data

posted by Avatar fx360 1201 days ago in JPY, Daily made popular 1201 days ago

Dollar strengthened against the yen on reports that Bank of Japan may increase its quantitative easing program in April from the current level of 10 Trillion yen. Japan’s three month Libor rates dipped below the US equivalent prompting a further rally in USD/JPY to 89.40.
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