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USD/JPY Retreats Further in Wake of Fed Lending Plans

Scandinavian Capital Markets

USD/JPY continued its slide in Monday trading, entering a third day of losses after the Federal Reserve announced programs last week that will provide $2.3 trillion to support small and mid-sized businesses and local governments. The move was made to bolster the US economy and offset the damage caused by the coronavirus pandemic.

Scandinavian Capital Markets Review

Source: https://scandinavianmarkets.com/trading-news/usd-jpy-retreats-further-in-wake-of-fed-lending-plans/
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