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JPY Surges Amid Global Equity Sell-Off

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    On Monday, the greenback continued to slide further amid disappointing economic data from the world's largest economy. Factory orders contracted 1.7%m/m in February, matching expectations, while January's increase was revised lower to 1.2% from 1.6%. Durable goods orders contraction for February was revised lower to -3.0%m/m from -2.8% consensus and[​IMG]

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