Stocks soothed by Fed signals, yen swings again

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Stocks soothed by Fed signals, yen swings again

By Marc Jones LONDON (Reuters) – A sense of relief percolated through world markets on Thursday after the Federal Reserve shot down talk of pivoting back to interest rate hikes, while the yen backtracked after another suspected bout of FX intervention. Europe’s big bourses made a sluggish start [.EU] as much of the region returned from a day off, but after a choppy few weeks dealers were just happy the Fed hadn’t inflicted any major damage,…