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... The Currency Report The JY opened higher at 1.0009 and rose to a morning Hi of 1.0050 against the weaker DX as carry-traders closed short JY positions as risk aversion saw the Nikkei 225 down over 400 points overnight. A statement from Standard amp; Poors saying that quot;banks are almost done writing down subprime mortgage losses sent stock prices higher and the JYdown to an afternoon Lo of ..9920, befor ... Full article
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