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JPY Daily News
Yen Weakens Broadly on Recovery Signs
Friday, 14 May 2010
The Japanese yen slipped against 15 of its 16 major counterparts as stocks rose and economic data pointed to improving employment in Australia and the U.S. The Yen weakened for a second day against the EUR as signs the global economy is recovering reduced demand for Japan's currency as a refuge.
Japan's currency fell to 117.74 per EUR from 117.62 yesterday. The Yen was at 93.36 per dollar from 93.24.
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