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Yen on intervention watch

Shady Fouad
Asian stocks fell on Monday amid the imminent release of U.S. price data that investors are counting on to show renewed moderation in inflation, while markets were on alert for Japanese intervention as the dollar tested the 160 yen barrier.…
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Rise in UK jobless rate

Shady Fouad
The British labor market showed further signs of slowdown in April with a rise in the unemployment rate. A Reuters poll of economists had predicted that the unemployment rate would remain stable. The Office for National Statistics said:…
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