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Yen Appreciates On Uncertainty Over Additional Stimulus Payments

Yen Appreciates On Uncertainty Over Additional Stimulus Payments

The Japanese yen gained ground against its major counterparts during the European session on Wednesday, as receding hopes of an enhanced U.S. relief payments raised the appeal of safe-haven assets. Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats' attempt to immediately pass a bill that would grant $2000 in direct payments to qualified Americans. He said that senators will address the...

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Colorado Democrats' Ibaraki Prefecture Japan Mitch McConnell U.S.