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USD/TRY tests former resistance-turned-support after Erdogan's FX threat Turkey's President Tayyip Erdogan has warned the finance sector against buying foreign currencies. That is likely pushing Turkey's currency higher.
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Yen strengthens, shares skid on US recession fears In currency markets, the Japanese yen - a perceived safe haven - held near its highest since Feb. 11. It was last off 0.1 percent at 110.04 per dollar.
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