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Obama’s 2014 budget plan includes tax increases for the rich

Later today US President Barack Obama is due to announce the 2014 budget, which includes a tax increases for the wealthiest citizens and some expenditure cuts aimed at reducing deficit in the course of the next two years.
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Forex: EUR/JPY shuffles into US session

EUR/JPY has remained rangebound throughout today's trading, moving largely between support around 129.50 and a high at 13.50.
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