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Yen Surprise

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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The Japanese yen rose 1.1% against the dollar, strengthened by the remarks of Finance Minister Aso that the currency’s fall from 78 through 90 had been faster than expected.  There was confusion around the translation of exactly what he said.  Make no mistake, however, officials led by Aso and Abe had previously engaged in verbal [...]

larrygreenberg @ February 8, 2013

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