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Forex Top Movers: The greenback is back! USD winning; Yen is the weakest

FXStreet (San Francisco) - After declining for three consecutive days, the dollar is recovering on Thursday against its main competitors as a series of positive economic data in the US fed the dollar and equities. Moreover, the yen is losing ground across the board.

Top bullish performers are: USD/RUB is rising 1.97% to 55.70; the pair is performing an impressive 70.05% rally YTD. The USD/NOK rises 1.82% to 7.2875; USD/JPY advances 1.18% so far today to 119.20; NZD/JPY is 1.08 positive to 93.02.

To the downside, losers are AUD/USD, with a 0.58% decline to 0.8269; EUR/USD is 0.56% down to 1.2376; and the EUR/GBP is 0.36% negative to 0.7891.

EUR/JPY not out of the woods yet

EUR/JPY is trading at 147.61, up 0.50% on the day, having posted a daily high at 147.89 and low at 146.43.
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USD to become strongest currency in 2015 - HSBC

Daragh Maher, FX Strategist & David Bloom, Global Head of FX Strategy explained in a currency report special that the FX market is under-estimating the risk of de-stabilising currency moves during 2015.
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