The creeping prospect of a weaker yen!
9/24Announced9month U.S. Consumer Confidence Index fell far short of market expectations, dropping to a level not seen in three years, amplifying concerns about a slowdown in the U.S. economy and leading to a broad-based decline in the dollar in the currency market. From signs of dollar weakness appearing in financial markets, we explain the outlook for the USD/JPY pair going forward.
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