EUR/JPY holds above 147.00

EUR/JPY fell sharply during the European session, weighed by disappointing Eurozone services PMIs, but managed to hold above the 147.00 level.
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Autumn Statement: Osborne announces OBR downgrade of UK growth forecasts

Speaking at the Autumn Statement, UK Chancellor of the Exchequer, George Osborne has announced that the Office for Budgetary Responsibility has downgraded its forecasts, citing the problems facing the Eurozone and Japan.
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