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USD/JPY easier after Fed; yields dip

By   || March 16, 2010 at 18:24 GMT
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Some anticipated a more hawkish Fed. Not today.

US bond yields are somewhat easier after the statement with 2-year yields now at 0.90% from 0.95% before.

I would not be surprised to see rates back at 0.95% this time tomorrow.

USD/JPY fell as low as 90.20 and has rebounded to the 90.45/50 area already…

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