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Kamis, 12 Mei 2016

ForexLive Asia FX news wrap: AUD the laggard

Forex news for Asia trading Thursday 12 May 2016

Yen, NZD and AUD all movers today (not huge, but notable nonetheless).

The current account surplus for Japan was announced  – it came in at its highest since March of 2007 (lower oil costs contributing). Persistent surpluses on this measure underpin the role of the yen as a ‘safe haven’.





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