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European Market Update: Eurogroup Meets On Greece

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    USD/JPY was approaching the 108 level on hopes Japan would unveil fiscal stimulus measures at the upcoming G-7 meeting being hosted by Japan. Yen also weighed down by continued verbal intervention. Fin Min Aso reiterated the view that Japan had the means to intervene in FX markets to combat volatility[​IMG]

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