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Japanese Yen recovers modestly as Warsh reaffirms Fed’s 2% target

The Japanese Yen (JPY) recovers some ground against the US Dollar (USD) on Wednesday after Federal Reserve (Fed) Chair Kevin Warsh crossed the wires, saying the FOMC will deliver price stability and is committed to the 2% inflation goal. USD/JPY trades at 157.89, down 0.02%.

Japanese Yen recovers modestly as Warsh reaffirms Fed’s 2% target

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