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Yen Slides as Japanese Election Point to Further Abenomics

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Japanese yen is down sharply on Monday, as USD/JPY has gained 170 points. The pair is trading at 102.40. In economic news, Japan's governing coalition won a convincing election victory. On the manufacturing front, Core Machinery Orders was unexpectedly strong, posting a gain of 3.1 percent. Preliminary Machine Tool[​IMG]

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