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USD/JPY Jumps On (Japan) Stimulus Hope. EUR/USD Little Affected

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday, USD/JPY rebounded as the outcome of the Japanese elections opened the door for more stimulus. The global risk‐on context was supportive, too. EUR/USD hardly profits from it and holds in the 1.10/11 area. Sterling enters calmer waters, as the UK will soon have a new Prime Minister.[​IMG]

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