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FX Daily: Fight the yen at your own risk

USD: USD/JPY story dominates Yen moves have continued to dominate the start of the week. Thin liquidity due to the US holiday likely amplified yesterday’s USD/JPY sell-off, pushing the pair through the key 155.0 level before extending to 153.0 overnight. This still looks primarily like a JPY story rather than evidence of a broader shift ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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