Sunday, February 12, 2012

USD/JPY Surges After Days of Steady Decline

March 4, 2010 by · Leave a Comment 

Technically speaking, today’s recovery is a welcome development considering the extent of the USD/JPY’s decline over the past week or so. In fact, the USD/JPY almost tested 88 before jolting back up above 89. However, downward pressure does remain on the currency pair since the BoJ and DPJ are still…

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