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YEN SURGING AFTERHOURS AS RISK AVERSION RISES

No news afterhours, but there is a major risk aversion trade occurring afterhours as the Yen rips higher.  USD/JPY just hit 76.50 in the afterhours market – down from 79.50 just an hour ago!  This has to make investors wonder if there isn’t something bigger going on here….This is not your average move for a currency….

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