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A Rise in Yen Could Hurt Japan

posted by Avatar fx360 1003 days ago in USD, JPY made popular 1003 days ago

On listless night of trade in the currency market the Japanese yen has been a strong outperformer with USD/JPY breaking the 9400 barrier and hitting a low of 9340 before finally pausing to consolidate. The reason behind tonight’s move, the third consecutive daily gain for the yen, is twofold. Fears of further clampdown on production
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