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USD/JPY climbs as Xi promises plans to 'open' up China

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Old 10-04-2018, 06:47
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Default USD/JPY climbs as Xi promises plans to 'open' up China

The dollar rebounded versus the yen on Tuesday, as risk appetite improved following a speech by Chinese President Xi Jinping announced plans to ‘open’ China’, including promises to cut import tariffs which alleviated concerns about a trade conflict between the world's two largest economies.

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