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3 Things You Need to Know Before Trading

The July reading of Japan’s Balance of Trade was a bigger surplus than forecast at Y804.2 billion, or $9.5 billion. Exports were down 1.4% from a month earlier, but up 23.5% from a year earlier. The month on month drop in exports is fueling additional concerns about the strong Yen, which is a bit lower in the wake of the data; dollar/yen is currently +58 pips at 84.48.
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