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The dollar rose against some currencies today, but it's the yen that's getting the headlines this morning as more investors have looked into the future and ... freaked out. The yen specifically has been strengthening against the dollar and euro of late. According to Bloomberg, many are hiding out in the yen expecting down earnings posts, little news of improvement in the global economy and on reports of a surprising slump in machinery orders in Japan.
The CurrencyShares Japanese Yen(FXY Quote) was tracking up 0.6% in the morning.
CurrencyShares Euro(FXE Quote) was just barely in positive territory after the bell, while ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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