Japanese Yen Outperforms, New Zealand Dollar Pulls Back

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January 1, 1970

Despite the rally in the U.S. dollar, the Japanese Yen has certainly benefitted from the rise in risk aversion and is the best performing currency amongst the major currencies on Wednesday, while the New Zealand dollar pared the previous day’s advance after failing to cross back above the 10-Day SMA at 0.6977.
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Original post by David Song, Currency Analyst

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