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European Market Update: Japan Is Failing To Beat Expectations

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    EUR/USD drifted to 5-year highs above the 1.12 handle PM Abe detailing the size and structure of Japans fiscal support package left plenty of room for disappointment. Dealers noted that the Yen was being supported by rising yields as the nominal JPY rates and yields have squeezed massively higher over[​IMG]

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