Tuesday, October 1, 2013

USD/JPY Vulnerable Bellow 98 On U.S. Crisis

On Monday Dollar/Yen traded within 100 pip range. The currency couple appreciated from 97.47 to 98.48 yesterday, not matching the negative money flow sentiment at nearly -11%, closing the day at 98.17. This morning the Dollar ascended slightly further against the Yen, reaching 98.73, than descended.



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