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USD/JPY Fundamental Analysis May 23, 2012, Forecast

posted by Avatar FXEmpire 362 days ago in USD, JPY, Fundamental

Analysis and Recommendation: (close of Asian session)

The USD/JPY is trading at 79.45 at the close of the Asian session. Markets are not sure what to expect as Bank of Japan policymakers prepare to meet on Wednesday. Although the BoJ has promised to do whatever is necessary, the current risk aversion tone has placed the yen in an uncomfortable sit
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