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Friday, November 02, 2007

Yen Bounces Back Versus Majors Amid Diminished Risk Appetite [USD/JPY]

Yen Bounces Back Versus Majors Amid Diminished Risk Appetite [USD/JPY]
The yen tumbled in early dealing versus other majors but manged to pare its losses around mid-morning as equities markets weakened, sparking interest in the safer lower yielding Japanese currency.

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