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USD/JPY Bumps Higher after U.S. Existing Home Sales Data

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 21, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Investors are biting on the USD/JPY after U.S. Existing Home Sales beat analyst expectations. The USD/JPY’s about face shows the level of uncertainty surrounding the viability of the Dollar. Investors are suddenly more comfortable buying the Dollar after a series of positive global economic data. However, the USD/JPY still clearly...

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