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USD/JPY Stop-Loss Sell Orders Tripped - Bloomberg, Citing Trader

December 16, 2016 11:48 AM EST

USD/JPY fell after the yield on the U.S dollar declined following a report that China seized an unmanned U.S. navy submersible. The fall in USD was exacerbated by sparse liquidity, as flow is modest, according to Bloomberg, citing a trader. Stop-loss sell orders were tripped below 117.80 and 117.60.



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