Morning Meeting

4 November 2014, 09:01
Francesco Sgarbossa
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The dollar has stop to run for the moment, particularly evident against the yen after the last unexpected move and expansion of the Bank of Japan that led to the Japanese currency to a new low for seven years in yesterday's session. To stop the rally in the dollar, which in addition to the peak for seven years on yen yesterday marked the last two years of euro, contributing primarily profit-taking, in addition to the prospects for monetary policy today than ever before diverging US, euro zone and Japan. At around 7.30 EUR / USD 1.2523 / 25 from 1.2482 last night closing in New York, the dollar / yen 113.38 / 42 to 114.03 and EUR / JPY 141.97 / 99 to 142.29 .

(reuters Source) 

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