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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    USD/JPY managed to recover overnight and rose from 100.10 to over 101. The pair was supported by slightly better than expected US economic data yesterday, but also by verbal intervention from Japanese officials. MOF's Asakawa was speaking overnight and stated that if "JPY moves too sharp, we must take action".[​IMG]

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