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USD/JPY Surges Towards 90 on Positive U.S. Data

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 4, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The USD/JPY is experiencing a topside breakout in reaction to much better than expecting U.S. employment data. The prospect of an improving U.S. employment market is sending the S&P futures higher in conjunction with broad-based Dollar strength. Although we’ve yet to determine whether the reversal in correlation between the Greenback...

    complete article here...

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