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Dollar and Yen Take a Breathe after Strong Rally

posted by Avatar pippinator 1309 days ago in USD, JPY, Daily made popular 1309 days ago

Markets stabilize a bit in early US session, digesting strong gains in dollar and yen. The greenbacks surged to 5 year high against Sterling and 4 year high against Canadian dollar. Yen, on the other hand, reached a 6 year high against Euro. Economic data released in the US session are disappointing, with jobless climbing to 478k.
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