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Market Overview

USD/JPY Edges Lower, Japan Cuts Growth

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USD/JPY is trading at 104.33, down 0.39.

The pair is trading largely rangebound and after Tuesday's surge higher.

Market talk about money flows and comments from Japanese policy makers is constant.

Japan's government cut its growth forecast to 0.9 percent for the fiscal year, down from 1.7 percent in January.

 

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Posted-In: Japanese Yen USD/JPY yenFutures Forex Markets

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