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Intervention Speculation Blocks Downside In USD/JPY

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday, a new risk-off selling wave hit the dollar hard. USD/JPY dropped to the 111 area. From there, speculation on BOJ interventions capped the rise of the yen. The losses of the dollar against the euro remained modest. Today, the eco calendar heats up. Will decent US eco data help[​IMG]

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