Yen weakness on IMF views on Abenomics - BTMU

Lee Hardman, currency analyst at Bank of Tokyo-Mitsubishi UFJ, Ltd noted that Yen weakness has extended following the announcement late last week from the IMF calling for the reinforcement of all three arrows of Abenomics.
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USD/CHF hits fresh highs above 0.9500

After a pullback to 0.9460, USD/CHF resumed the upside, rose back above 0.9500 and hit a fresh daily hith at 0.9527, the strongest level since the beginning of the month, boosted by a stronger US dollar across the board.
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