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Japanese Yen Stays Elevated After CPI, USD/JPY Downtrend in Play

March 23, 2018/0 Comments/in Fundamental Analysis, Uncategorized Echo_7 /by euitsols

An already elevated Japanese Yen didn’t rise much further Friday despite news of a three-year peak for domestic inflation.

The official Consumer Price Index rise came in at 1.5%- its strongest showing since March, 2017. It edged past January’s 1.4% gain too. The ‘core’ measure which strips out th…

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