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    USD/JPY: general review on 27.02.2015

    Yesterday the pair traded in a range of 118.64-119.50  and closed at 119.40. Today, the Japanese currency has slightly strengthened following the publication of Japanese statistics and USD/JPY is currently trading at about 119.20.  Despite negative data on consumer price indexes and retail sales, the yen managed to strengthen as manufacturing production grew by 3.2% in January.

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