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USD/JPY – Yen Slips As BoJ Mulls Further Stimulus

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 22, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    USD/JPY has posted strong gains on Friday. In the European session, USD/JPY is trading at 110.50, its highest level in two weeks. In economic news, Japanese releases were soft, as Flash Manufacturing PMI contracted and Tertiary Industry Activity declined. The sole US event on the schedule is Flash Manufacturing PMI.[​IMG]

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