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JPY Lower as Risk-On Sentiment Returns, CAD Follows Oil Up

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Overall, Fed Chair Jerome Powell’s renomination hearings seemed to be well received by the markets. US stocks closed broadly higher overnight, followed by rallies in Asian indexes. Yen and Dollar are both under some selling pressure today. On the other hand, commodity currencies are trading higher. In particular, Canadian Dollar is lifted by the rise […]

The post JPY Lower as Risk-On Sentiment Returns, CAD Follows Oil Up appeared first on Action Forex.

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