USD/JPY breaks down 98.50 and trades at 2-week lows

The US dollar is extending its decline against the Japanese yen and after falling around 40 pips from 98.70 to break down the 98.50 and trades at 2-week lows around 98.25.
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US: Reuters/Michigan Consumer Sentiment Index up a notch in July

The US Reuters/Michigan Consumer Sentiment Index grew to 85.1 in July from 84.1 registered the previous month, according to data released today by Reuters/University of Michigan.
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