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Yen Extends Decline on Risk-On Markets, Completed Corrective Rebound

Yen dropped notably overnight and stays pressured in Asian session with markets back in risk-on mode. NASDAQ closed at new record high while DOW and S&P 500 also gained. Major Asian indexes follow with solid gains in Hong Kong. Dollar also extended this week’s retreat but losses are so far limited. Meanwhile, commodity currencies are […]

The post Yen Extends Decline on Risk-On Markets, Completed Corrective Rebound appeared first on Action Forex.

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