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United States Industrial Production (MoM) meets forecasts (0.2%) in October

FXStreet.com (Barcelona)

Japan in a recession after the economy shrinks for a second consecutive quarter – BAM

Christopher Mahon, Director of Asset Allocation Research at Baring Asset Management, comments on how Japan's economy unexpectedly shrank for the second consecutive quarter and is now in a technical recession.
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USD/JPY steadies above 116.00

USD/JPY has had a volatile day so far, having hit a fresh 7-year peak on the back of disappointing Japanese GDP, before being firmly rejected from above 117.00.
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