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European Market Update

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jun 30, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    In currencies the JPY was firmer across the board after Moody's raised Japan's JGB rating to Aa3 from A1. The USD/JPY was lower by over 110 pips as it tested the 105 handle, while the EUR/JPY cross was off 160+ pips at 166.10 and the GBP/JPY was down 230+ pips...

    complete article here...

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