Wednesday, July 1, 2009

Japanese Yen Declined Against A Basket Of Major Currencies

The EUR/GBP has been trading close to a downward trend−line during the last Quarter

Today the JPY declined against a basket of major currencies after the Bank of Japan Tankan survey showed that the sentiment among the largest manufacturers rebounded indeed from a record low but rose less than economists expected from minus 58 in March to 48.


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