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A political shock in Tokyo is dominating global markets today, with Prime Minister Shigeru Ishiba announcing to step down over the weekend. The surprise resignation boosted risk appetite, propelling Nikkei. Yen, meanwhile, looks increasingly vulnerable. Last week’s dip in U.S. Treasury yields provided only temporary relief, and the currency has quickly reversed lower today. If […]

The post Yen Under Siege, Dollar Mixed Awaits CPI, Euro Steady Before ECB appeared first on Action Forex.

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