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Jun 18, 2015
USD/JPY extends post-FOMC slump to 123.20
The US dollar erased mild gains and turned lower versus the Japanese currency in the mid-Asian trades, sending USD/JPY closer towards 123 handle. The major extends its weakness as the US dollar remains broadly sold-off following the recent FOMC decision and Fed Chair Yellen’s comments which urged focus on the pace of the rate increase rather than the exact timing of lift-off.
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Jun 18, 2015
China May FDI rises 7.8% y/y in May
China's foreign direct investment (FDI) in May increased 7.8 percent to 57.4 billion yuan ($9.25 billion) from a year earlier, the commerce ministry said on Thursday, as reported by Reuters.
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