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Japanese yen, Norwegian krone and South African rand are making a comeback

2023-07-17 00:00

The Japanese yen, Norwegian krone and South African rand have turned from the worst-performing major currencies this year to become the best in recent days, along with Sweden’s krona. The sharp turn of fortunes has come on the back of softer US inflation that is weakening the dollar.

According to bnnbloomberg.ca, as traders are now confident that the Federal Reserve is close to

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