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While Sterling continues to be the market’s primary focus as it faces heavy losses, Japanese Yen is quietly staging a modest, but broad-based recovery. However, Yen’s rally appears driven more by position adjustments ahead of tomorrow’s US non-farm payrolls report, as risk sentiment has across markets has turned more cautious. Meanwhile, there little support for […]

The post Yen Outperforms as Investors Turn Defensive, Sterling’s Downward Spiral Persists appeared first on Action Forex.

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