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Forex Depth Analysis: USD/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 24, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The yen climbed to a 13-year high against the dollar as the risk of a global recession prompted investors to slash carry trades, in which they fund purchases of higher-yielding assets with Japanese currency. The yen also surged to the strongest in six years versus the euro after Belarus, Ukraine,...

    complete article here...

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