Asian stocks rebound as risk sentiment seeps back

Stocks on the Asian bourses stages a solid come-back on Wednesday tracking the positive Wall Street close and rebounding risk sentiment, reversing heavy losses booked yesterday.
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USD/JPY capped below hourly 200-MA

The USD/JPY pair once again failed at 120 barrier and pared gains in the mid-Asian trades, as the greenback was unresponsive to the improving risk-on moods amid rebounding Asian equities.
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