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CNBC: Dollar Corrects, Yen Slips, Rand Falls
 
Japanese Prime Minister Shinzo Abe said the Bank of Japan should add employment to its existing mandate, and the yen slipped further against the dollar. [CNBC]

A disappointing U.K. industrial production report sent the British pound lower. [dailyfx.com]

The Chinese yuan closed near a record high after strong economic reports and indications that the central bank would tolerate the currency's appreciation. [CNBC]

Fitch downgraded South Africa's sovereign debt, and the rand fell. [bdlive.co.za]

For currency hedge funds, the good times have stopped rolling. [WSJ]

Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.
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