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Yen steadies after shock Japan GDP slide

Tuesday, November 18, 2014 - 05:50

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The yen recovered from seven-year lows against the dollar on Monday but remained under pressure, having sunk across the board after shock data showed Japan's economy slipping back into recession.

London

THE yen recovered from seven-year lows against the dollar on Monday but remained under pressure, having sunk across the board after shock data showed Japan's economy slipping back into recession.

The Japanese currency tends to rise as Tokyo's stock market falls and that

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