Sunday, February 12, 2012

USD/JPY Heads Towards its Psychological 95.00 level

June 24, 2009 by · Leave a Comment 

The USD/JPY continues to head south from our 2nd tier uptrend line as the Yen participates in a broad depreciation of the Dollar. The Yen is also experiencing strength after Japan reported a higher than expected Trade Surplus, showing the Japanese export-reliant economy may be bottoming out. Japan’s economy is…

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