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Dollar/Yen Halts Decline, Rebounds to Erase Intraday Losses

On July 31, USD/JPY halted its decline after a short-term plunge to a low of 158.53, with a cumulative drop of over 150 pips. It has now rebounded to 159.43, erasing intraday losses and currently trading up about 0.04% on the day. (Jin Shi)

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