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Posted:
Sacre bleu!! When it rains, it pours……….
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Posted:
Looks like the G7 has no major reservations with Japan intervening on its own with USD/JPY near record lows but the group showed no willingness to pitch in to help. Interventions to date have slowed the yen’s advance but not reversed it. So long as Europe remains a sovereign debt cauldron, JPY strength will remain. [...]
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