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USD/JPY Rises with Broad Dollar Strength

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 21, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The USD/JPY continued to strengthen today, driving north towards 1/14 highs as the Dollar strengthened across the board. Investors exited the risk trade in a hurry after China’s CPI and PPI data printed hotter than analyst expectations, indicating China’s central bank may need to tighten liquidity to temper inflation. A...

    complete article here...

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