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Japan Signals More FX Action; Moody's Doubts Effect | |
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August 08, 2011 Japan on Monday signaled it was ready to continue intervening in the currency market in the wake of a G7 agreement to counter excessive exchange-rate moves, but Moody's Investors Service warned that Tokyo's efforts to weaken the yen were ineffective and negative for its sovereign ratings. Source: http://www.cnbc.com/id/44055056?__source=RSS*tag*&par=RSS |
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