Wednesday, October 29, 2014

USDJPY: "Fed" Up With Consolidation at 108.00

It's been a quiet start to the forex trading week across the board, and no pair shows that phenomenon more than USDJPY. After gapping above 108.30 to start the week, the pair has dropped back down to consolidate around the 108.00 handle for the last three days. Short-term traders are



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