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Forex Flash: FOMC rode to the rescue of markets - OCBC Bank

OCBC Bank analysts note that the FOMC rode to the rescue of softening market sentiments, suggesting there will be no sudden withdrawal of monetary policy stimulus even as the US economy improves.
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Forex: USD/JPY in session lows around 95.40/45

The Japanese yen is appreciating against its American counterpart on Thursday, dragging the cross to the vicinity of 95.20 ahead of the first press conference by the new BoJ Governor H.Kuroda...
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