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USD/JPY – Yen Dips On Pessimitic BoJ Minutes

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    USD/JPY has posted gains on Monday, as the pair is trading at the 108 line in the European session. On the release front, the Bank of Japan released the minutes from its April policy meeting. Japanese Average Cash Earnings posted a strong gain of 1.4%, above expectations. Consumer Confidence slipped[​IMG]

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