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Merk say ultimate term target for USD/JPY is ‘infinity’, but not yet

ByEamonn Sheridan

Dec 16, 2015

Bloomberg reports on comments from Axel Merk, president and founder of Merk Investments

Bloomberg adds that Merk initiated a long position in the yen in the Merk Hard Currency Fund on December 14

Related posts:

  1. China 7-Day Repo Opens at 2.7800 Pct Versus 2.8966 Pct weighted Average Previous Close
  2. Greece Consumer Prices Fall More Than Expected In April
  3. Assets of Institutional Money Market Mutual Funds Rose by $18.45 Bln to $1.75 Trln in Latest Week-Ici
  4. U.s. April Factory Orders Ex-Defense unchanged Vs March +1.4 Pct

By Eamonn Sheridan

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