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Safe Haven Assets Rose On Disappointing Chinese Trade Data

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The JPY strengthened further against the US dollar amid better-than-expected GDP figures. The Japanese economy contracted -0.3%q/q in the December quarter last year, beating median forecast and first estimate of -0.4%. In spite of this relative good news, Japan's economic outlook does not look constructive as private consumption showed no[​IMG]

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