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    USD/JPY: The dollar continues to lose ground on 25.02.2015

    Major currencies, including the Japanese yen, have been trading against the dollar in a sideways channel for a few weeks. The USD/JPY has been mainly trading within a narrow range of 118.30-119.40. The pair tested a level of 119.75 the day before but failed to break it down and moved downwards. 

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