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Japanese Government on Defensive over Yen Policy

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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Foreign governments continue to depict the actions and remarks of the new Japanese government as a breach of the rule against competitive devaluation.  The yen recovered 0.4% against the dollar overnight.  The U.S. currency also lost 0.3% against the Australian dollar and sterling and 0.2% versus the Swiss franc and kiwi.  The dollar has risen [...]

larrygreenberg @ January 29, 2013

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