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Yen Surges on Strong Japanese Capital Spending

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    It had been a quiet start to the week for USD/JPY, but that ended on Wednesday, as the pair has posted sharp losses. USD/JPY is trading at 109.40. The yen has jumped as Japanese Capital Spending posted a gain of 4.2% in the first quarter, easily beating expectations. In the[​IMG]

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