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USD/JPY Bounces Back As Japan Signals More Stimulus

Discussion in 'Technical Analysis' started by Kaitlin, Jul 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The yen plummeted against its major counterparts on Monday after news that Japanese Prime Minister Shinzo Abe’s Liberal Democratic Party won a landslide victory in Upper House elections, providing much anticipated support for Abe’s controversial economic stimulus program, Abenomics. The political victory was followed shortly after by an announcement that[​IMG]

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