Sunday, December 29, 2013

Japan Close to Escaping from Deflation

It seems that USD/JPY has found a strong support around 104.60 as the pair refuses to go lower; however, the fact that the pair has soared from 86.66 during the year, supports the case Abenomics helped to push the Yen lower, hence, contributing to the export-oriented economy. Another positive aspect



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