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USD/JPY falls to the lowest levels of the.......>

YEN
YEN: USD/JPY falls to the lowest levels of the session, taking out the overnight
lows and Wednesday NY lows at 107.15/19. USD/JPY seemingly catching up with
equities as Bunds, T-notes and havens are bid across the board.
A few catalysts: 
- More Coronavirus headlines crossing including an uptick in German cases and
the first death recorded in Switzerland. 
- Japan's Seven & I abandon their plan to Marathon's Speedway, according to
Nikkei. Background of the deal:
"Seven & i Holdings Co., the Japanese company that controls 7-Eleven, is in
exclusive talks to acquire Marathon Petroleum Corp.'s Speedway gas stations for
about $22 billion, according to people familiar with the matter."
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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