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USD/JPY Sits at 90 Despite Dollar Rally

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 17, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The USD/JPY is consolidating around its highly psychological 90 level despite a large pop in the Dollar today. Investors snapped up the Dollar after the Fed tightened its monetary policy stance a bit, indicating it may allow some of its alternative liquidity measures to expire next year. The USD/JPY is...

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