1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

USD/JPY Sinks Towards September Lows

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 6, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Joined:
    Dec 24, 2007
    Messages:
    2,465
    Likes Received:
    0
    The USD/JPY is participating in today’s broad-based weakness of the Dollar following the RBA’s decision to raise its benchmark rate by 25 basis points. Though an incremental increase, the RBA’s policy delivered a monetary shock and investors are beginning to trade with more of an exit-strategy mentality. The exit from...

    complete article here...
     
Loading...

Share This Page