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ECB's Nowotny: Euro very likely to keep weakening against major currencies

FXStreet (Bali) - European Central Bank Governing Council member Ewald Nowotny, Ssaid over the weekend, that the Euro is very likely to keep weakening against other major currencies, noting "due to the different tendencies in interest rate policies, there is a great likelihood that this leads to a further depreciation of the Euro.”

USD/JPY breaks Friday's low through 107.50

Yen strength is the main theme in the early going of Asian markets, with the exchange rate against the US Dollar being paid at Y 107.45 from a 107.65 NY close.
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EUR/JPY breaches August lows, 136.50 next major support

EUR/JPY is breaking through a double bottom printed in early Aug/Sept, with the lowest so far reached at 135.60, which represents the cheapest level since Nov 2013.
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