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JPY Strengthen Despite Stimulus, ADP In Focus

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Japanese Prime minister Shinzo Abe's cabinet has approved 13.5trn yen in fiscal stimulus in his latest effort to steer the economy away from deflation. The package is made up of unspecified tax and spending measures geared at stimulating short term demand and ramping up sustainable economic growth. The market's reaction[​IMG]

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