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Japanese Yen Leads Major Currencies Higher Against US Dollar on Repatriation

Posted 01-05-2010 at 03:13 PM by DailyFX

Tags currencies, dailyfx, forex, trading, yen

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The Yen surged against the US Dollar late into Asian trading amid rumors of large-scale repatriation by Japanese exporters, setting off a wave of selling that weighed on the greenback against most of its major counterparts. German unemployment and Euro Zone inflation figures are on tap ahead.

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