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USD/JPY – Yen Edges Higher After Japan Hints At Currency Intervention

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    USD/JPY has posted slight gains on Tuesday, as the pair trades at 108.30 in the European session. On the release front, Japanese Preliminary Machinery Tools posted a sharp decline of 21.2%. Later, Japan releases PPI, which measures inflation in the manufacturing sector. The markets are expecting a weak reading of[​IMG]

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