Yen appreciates from a 3-year high on oversold signals

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Source: Bloomberg
The Japanese Yen rose  0.3% to 94.06 per U.S. Dollar in the second part of Asian trading session on Tuesday. The Japanese currency appreciated after a 1.8% fall yesterday, as reached the weakest point since May 2010. Today, the Yen shows bullish sentiments, as technical measurements signaled about too rapid depreciation ahead Group of 20 meeting.
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