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Yen continues to outperform in the FX market this week so far, drawing strong support from the ongoing slide in US Treasury yields. The benchmark 10-year yield slipped to close at 4.2% overnight, as Fed rate cut bets gaining traction. Market consensus is solidifying around the idea that Fed will deliver at least two rate […]

The post Yen Extends Gains on Soft US Yields, ISM Services to Test Fed Cut Pricing appeared first on Action Forex.

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