Yen Still Bid Despite Recovering Stock Market

On Thursday, the commodity currencies did a good job recovering from the depths of the recent lows that had been brought on by trade war panic carry unwind earlier in the week.

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On Thursday, the commodity currencies did a good job recovering from the depths of the recent lows that had been brought on by trade war panic carry unwind earlier in the week. Interestingly, the Yen retained a bid tone, despite the ongoing recovery in risk sentiment as reflected in US equities.

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