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Japan's trade balance keeps the red; exports below expectations

FXstreet.com (Barcelona) - Japan's trade balance figures for the month of February came in at -¥777.5 billion vs estimates of -¥855.9 billion and a previous trade balance of ¥1628.4 billion. Meanwhile, Japan's adjusted trade balance (FEB) stood at ¥1086.6 billion vs ¥1102.8 billion expected. February imports came in at +11.9% vs +15.0% expected, with exports disappointing again, down at -2.9% in February vs -1.9% expected.

Japan Feb Merchandise Trade Balance Total improves to ¥-777.5B vs ¥-1629.4B

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Forex Flash: Market gives Cyprus benefit of the doubt - Westpac

With Cypriot officials still in talks with Russian counterparts, in view of Shaun Callow, FX strategist at Westpac, "it seems that for now, it is unlikely Russia will do more than roll over its existing loan."
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