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Yen Slide Continues After Soft Japanese Manufacturing PMI

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 31, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Japanese yen has lost ground on Wednesday, following sharp losses in the Tuesday session. Currently, USD/JPY is trading at 103.30, its highest level in the month of August. On the release front, Japanese Preliminary Industrial Production posted a flat reading of 0.0%, well short of the estimate of 0.7%.[​IMG]

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