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JPY Daily News

Yen Gains on Japan Exporter Repatriation

Wednesday, 30 Jun 2010

The Japanese yen benefited as Japanese exporters repatriated earnings ahead of the second quarter end, selling the EUR and Dollar, and as a steep fall in Shanghai stocks added to the Japanese currency's safe-haven allure.

The Yen also gained even after Japanese data showed the country's unemployment rate rose in May to a seasonally adjusted 5.2%, up from 5.1% in April and confounding expectations for a drop in joblessness.

Current Time: 05/27 04:22 GMT
# Time $€£¥ Event Per. Prev. Fore. Act. Imp.
06/30
02:30JPY+ Average Cash Earningsy/y1.6%0.9%-0.2%3
06:00JPY+ Housing Startsy/y0.6%5.1%-4.6%1
00:50JPY+ Tankan Manufacturing Index-14-315
00:50JPY+ Tankan Non-Manufacturing Index-14-8-5 3
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