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USD/JPY attempt to break through the critical 160 level was unsuccessful for, as Yen recovered during a relatively quiet European session today. Although Yen surged briefly, there was no sustained selloff below the 159 mark against the greenback. The scale of the movement makes it challenging to determine if Japan intervened in the market. This […]

The post Yen Rebounds from 160 Level, Euro Gains but Political Risks Remain appeared first on Action Forex.

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