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FOREX-Yen claws back from 5-year trough in wake of Fed taper
Reuters "We've been calling for 104.70, 105 as targets, and it took this event to get above 104, which was a bit surprising," said Bart Wakabayashi, head of forex at State Street Global Markets in Tokyo. "Institutional investors, asset managers were pretty … FOREX-Dollar gains as Treasury yields rise before Fed; yen drops Fed Tapers QE3 to $ 75B/Month – US Dollar Volatile, Slightly Higher Currency Briefing: And finally Fed steps back – tapering begins! |