Yen gives up early gains despite China's woes

Note: This section contains information in English only.
Source: FXstreet
The Japanese Yen consolidated on the downside shortly after the European open on Wednesday, as the US Dollar bulls took control. The USD/JPY pair edged 0.13% higher to ¥120.26 by 08:22 AM GMT. Earlier in the session, the Yen was buoyed by weak Chinese manufacturing data. Meanwhile, analysts say that concerns over China could trigger another wave of risk aversion and keep demand for safe havens higher.
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