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Japanese Yen reached 11-day high

Note: This section contains information in English only.
Source: Dukascopy Bank SA

[ANNOUNCE] During Tuesday's trading session, the Japanese Yen appreciated 0.25% or 28 pips against the US Dollar. [/ANNOUNCE] 

The reason for the advance were comments of the Japanese Finance Minister, Taro Aso. The Minister stated that the Bank of Japan and the Japanese government had made a mistake, fighting deflation. 

Another reason for the gain was increased demand for the Japanese Yen as for the safe-haven currency, as global financial markets re-opened after the Easter holiday.

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