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G7 Fails to Have Lasting Impact on Yen Crosses
Monday, 14 April 2008 21:57:30 GMT  |  Kathy Lien, Chief Strategist
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Despite the biggest change in the G7 statement since the Boca Raton meeting of Finance Ministers and Central Bankers in 2004, there has been no lasting impact on the Japanese Yen Crosses.

This is a clear indication that the market believes that even though the G7 is threatening action, there is a slim chance that they will be following up with one.

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