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Currencies – Yen Loses Strength on Poor GDP, Rebound of Stocks & Commodities

Posted on: May 19, 2011

The Japanese yen fell today as commodities and stocks recovered, decreasing demand for the currency as a safe haven, while the nation’s economy continued to weaken. The Thomson Reuters/Jefferies CRB Index of raw materials rose 2.3 percent yesterday, posting the first gain in four sessions. Japa

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