The JPY strengthened against most of its 16 major currency counterparts


Good morning from Hamburg and welcome to our Daily FX Report. The JPY strengthened against most of its 16 major currency counterparts before a German report may show, business confidence in Europe’s largest economy may has fallen the fifth month in a row, increasing demand for the Asian currency as a safe haven. Anyways, we wish you a nice and successful trading day. Market Review – Fundamental Perspective Yesterday, the German government did not succeed to get bids for 35 percent of the

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