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Tuesday, October 1, 2013

Epic Research Singapore : Forex Market Update

In currency markets, the U.S. dollar USDJPY -0.12%  slipped back against the Japanese yen to ¥98.11 after earlier trading in the mid-98 range.

Traders said investors had largely positioned for the shutdown Monday as it became increasingly certain lawmakers would fail to agree on a budget before a Tuesday deadline. Stocks sold off across the region Monday.

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