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Japanese Yen Isn’t Impressed This Morning by Yet Another Verbal Intervention Warning

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Markets German and EU swap rates yesterday tested YTD highs in absence of strong market drivers. These technical resistance levels stood their ground with rebounding stock markets (Nasdaq +1.1%) offering some counterweight as well. Unlike yesterday, today’s agenda could be an inspiring one both in EMU and in the US. April PMI confidence indicators are […]

The post Japanese Yen Isn’t Impressed This Morning by Yet Another Verbal Intervention Warning appeared first on Action Forex.

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