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Monday, April 2, 2012

Yen Retreats, Euro Halts At Resistance

The Japanese Yen beat a hasty retreat from its most recent low in early trading on Monday, but analysts believe that the Yen may continue down as Japan's fiscal year-end is now out of the way.
The Euro traded lower this morning after finishing on a high late last week but latest manufacturing and unemployment data due out in the Euro Zone later today may change the tone.

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