Turkey has detained thousands of troops following the unsuccessful coup today July 15, and the Government claimed to have control of the whole situation. The move helped appease fears about the risk of new unrest after the economic and political problems in Europe, leaving the investor with risk than money and escape the yen as a safe shelter, thereby pushing the exchange rate USD/JPY back 106 threshold after plummeting during the last session of the previous week.Besides the economic information coming from You, the attention of the market this week also focused on the PMI index of the euro area and the results of the meeting of the European Central Bank (ECB). Analysts predicted the ECB would not make any policy changes would in this session. However, ECB Chairman Mario Draghi will open the possibility for economic stimulus in the coming period if the regional economic prospects deteriorate due to the influence of Brexit. Any loosening of policy signals would be launched would pressurize a discount up to the euro.
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