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USD/JPY eyes 105.00 - Japan's EX-MOF Sakakibara

Sakakibara, a former Finance Ministery official, while speaking to Bloomberg said, "USD/JPY may break under 1100, is on its way to 105.00 in the next 6 to 7 months".

He adds, "lower US growth and concerns over Trump administration" will weigh over the USD/JPY.

S&P: China's downgrade won't have direct impact on sovereign ratings elsewhere other than Hong Kong

The US-based ratings agency, Standard and Poor’s (S&P) is out with a statement on Friday, justifying China’s sovereign ratings downgrade, after Chin
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EUR/JPY drops below 1-hour 100-MA

Reports that North Korea may consider a nuclear test of an unprecedented scale of the Pacific Ocean is pushing the Japanese Yen higher across the boar
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