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USD Broadly Lower, JPY Falls Ahead Of Stimulus

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Most G10 currencies extended gains against the greenback on improving risk sentiment, with the exception of the Japanese yen, which fell for a second straight day after Shinzo Abe promised another round of stimulus. After surging more than 2% on Monday, USD/JPY gained another 0.50% to reach 103.30 in Tokyo.[​IMG]

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