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Japan Machine Tool Orders (YoY): -29.3% (February) vs previous -18.8%

Daiwa Capital Markets: JPY guided by the US-China trade negotiations

Daiwa Capital Markets analysts point out that the expectations for a US-China trade agreement have caused risk-on yen depreciation. Key Quotes “Amid
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US Dollar Index appears sidelined around 97.40

The US Dollar Index, which gauges the greenback vs. its main competitors, is trading within a tight range at the beginning of the week around the 97.4
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