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Yen Retreats Against Majors
(RTTNews) - The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday.
The yen fell to 163.50 against the euro and 174.62 against the Swiss franc, from a recent near 1-month highs of 162.27 and 173.41, respectively.
Against the U.S. dollar, the yen advanced to 155.14 from a recent 6-day high of 153.84.
The yen edged up to 195.99 against the pound, from a recent high of 194.73.
If the yen extends its downtrend, it is likely to find support around 166.00 against the euro, 178.00 against the franc, 160.00 against the greenback and 200.00 against the pound.
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The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
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The British pound strengthened against other major currencies in the European session on Thursday.
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The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
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The euro strengthened against other major currencies in the European session on Thursday.
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The euro strengthened against other major currencies in the European session on Wednesday.
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Pound Rises As Traders Await BoE Monetary Policy Meeting
The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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