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Analysis details (18:03)
- USD/JPY's move lower comes after the US Treasury warned Japan last Friday to refrain from competitive devaluation.
- In its semi-annual report on currency practices of major trade partners, the US also said China’s currency remained “significantly undervalued”, but stopped short of labelling the country a currency manipulator.
15 Apr 2013 - 17:56 - Forex Rumour - Source: RANsquawk
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