USD/JPY cannot overtake 97.00 level

The USD/JPY foreign exchange rate has continued its seesawing movement Wednesday, this time positively retracing some of its earlier weekly setbacks.
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US: MBA Mortgage Applications rose 5.0%

The Mortgage Bankers Association has informed that US citizens that applied for mortgage loans rose 5.0% in the week ended on June 7, reverting the sharp drop of 11.5% seen in the previous week...
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