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US Report Fails To Halt JPY Appreciation

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    For the start of the trading week risk appetite in Asia was poor as the JPY sunk to an 18-month low. USDJPY fell to 106.28 following economic data indicating that April manufacturing PMI declined to 48.2, versus a flash read of 48.0 and March final 49.1. Asian regional equity markets[​IMG]

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