Asian Market Update

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03-04-2010, 07:45 AM

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Asian Market Update

Japanese Yen was the biggest gainer among the FX majors, tracking broad risk-aversion in the equity markets. USD/JPY was at mid-Dec low below 88.20, while GBP/JPY was within 60 pips of 1-yr low of 132.00. European majors also saw some profit-taking from today's dollar-bearish rally. EUR/USD and GBP/USD fell 50...

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