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Japan PM Abe: Necessary to take measures against downside risks from overseas

Speaking in parliament on Wednesday, Japanese PM Shinzo Abe said the Japanese economy is gradually recovering, backed by the domestic demand.

Key Quotes:

It is necessary to take measures against downside risks from overseas.

To set the path for economic revival after the Olympics.

EUR/USD: A deeper pullback should hold at 1.1030 – UOB

FX Strategists at UOB Group noted that further decline in EUR/USD is likely to meet solid contention in the 1.1030 region. Key Quotes 24-hour view: “W
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USD/CHF faces a probable move to 0.9762 – Commerzbank

Karen Jones, Team Head FICC Technical Analysis at Commerzbank, suggested the pair could advance to the 0.9762 level if manages to clear 0.9692. Key Qu
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