Mid-Day Forex Technical Report - Yen Firm as Investors Remain Cautious |
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Action Insight Mid-Day Report Yen Firm as Investors Remain Cautious Yen remains firm in early US session following lower open in the US stock markets. Investors continue to cautiously await conclusion of the rescue package but the debate will probably drag on for a while. US real GDP growth in Q2 was unexpectedly revised down from 3.3% to 2.8%. while consensus expected no revision. Looking into the details, there were downward revisions to exports, consumer spending and business investments
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