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Dollar and Yen firmer - BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysts at Brown Brothers Harriman highlighted hot topics in the FX space while acknowledging that the dollar has been able to claw back some of its recent losses, but faces a tough going over in the near-term.

    Key Quotes:

    "The yen is making new highs for this move, and Japan officials are not happy."

    "Eurozone data was largely softer than expected."

    "RBA met and kept rates steady at 2%, as expected."

    "RBI met and cut rates 25 bp, as expected."
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