Forex Trading Causes USD/JPY to Decline as Data Undermines Confidence
Forex trading resulted in the USD/JPY pair moving lower on March 10, as global market participants were impacted by lackluster economic data that undermined their sentiment.
This currency pair fell to as little as 102.94 during the day, according to Investing.com. Many global market participants flocked to the yen for its safe haven value, after government figures indicated that gross domestic product grew by less than expected in the final quarter of 2013.
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