USD is declining vs euro and yen on prepared testimony from Bernanke and Paulson. Thu morning in NY, EUR/USD was at 1.5742 from 1.5738 late Wed. USD/JPY was at 107.06 from 106.82, while EUR/JPY was at 168.56 from 168.10, according to EBS. GBP/USD was at 1.9753 from 1.9805, and USD/CHF was at 1.0311 from 1.0289 late Wed.
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