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Wednesday, April 18, 2012

Euro & Japanese Yen Under Pressure.


The Japanese Yen dropped across the board in early trading today, after reaching a 7-week high against the US Dollar and other major currencies earlier this week.
The Yen was also hindered by expectations that the Bank of Japan will likely take fresh easing steps next week.
The Euro also dipped against the major currencies on Wednesday and with investors still wary of Spain's fiscal problems it looks set to stay under pressure.

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