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Yen continues to lead the currency markets today, with fresh buying emerging in the early US session, particularly against Dollar. However, the rally appears more technical than structural, largely driven by short covering after Japan’s weekend election delivered no major surprises. Prime Minister Shigeru Ishiba’s Liberal Democratic Party lost its upper house majority, but the […]

The post Short-Covering Continues to Lift Yen, EU Said to Brace for Tariff Fight appeared first on Action Forex.

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