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US Debt Ceiling Deadlock Sends USDJPY Lower, Japanese Officials Irked At JPY Strength
Talks to increase the US debt ceiling remain stuck in deadlock, with neither side appearing any closer to a solution in the near term. In fact, plans to vote on the Republic Boehner plan have been postponed indefinitely, and even if a vote does eventually precipitate, it seems a foregone conclusion that the Democrats will kill the measure. Interestingly, EURUSD has sold off in the past 24... ...More...
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