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USD/JPY Heads South with Broad-Based Dollar Weakness

Discussion in 'Technical Analysis' started by ActionForex.com, Nov 9, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The USD/JPY is trading lower today in what appears to be a broad-based sell-off of the Dollar. The combination of weak unemployment data and the G20 stating that central banks will maintain their respective loose monetary policies (see EUR/USD commentary) has led investors away from the Dollar and towards riskier...

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