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Japan Current Account Surplus Surges, Financial Markets Stabilise

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 8, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    USD/JPY took a breather after hitting 107.67 in late European session on Thursday. The pair rapidly reversed momentum and returned at around 108.70 as trades wonder whether there is still downside potential after such a debasement. The BoP data showed that Japan’s current account surplus rose for 20 straight months[​IMG]

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