Monday, June 10, 2013

USD/JPY extends recovery on good data, strong Nikkei gains

USD/JPY continued its post-NFP recovery and is trading at 98.40, close to 100 pips above the close on Friday, which was already above the deep lows on Friday. The upgrade of GDP and other positive figures supported the continued weakness of the yen. Also the big recovery in the Nikkei stock index and perhaps the
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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