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Pick of the Day: USD/JPY
Technical short idea on USD/JPY
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Japan's `Least Ugly' Economy May Beat U.S., Europe in Crisis
Japan's newly declared recession may be a chance to show that the world's second-largest economy can finally outperform the U.S. and Europe. 6
Yen Strengthens Versus the Euro as Recession Curbs
The yen gained against the euro for a third day as the prospect of a global recession prompted investors to sell higher-yielding assets and pay back low-cost loans in Japan's currency. 6
EUR/JPY - Euro Yen 11/19/08
122,20. EUR JPY is in a range between 120,70 and 123,80. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). 5
Yen Commentary for the week of 11/14/2008
With risk aversion on the rise this week, the Japanese yen found support as investors and traders unwound the carry trade and bought the currency. 
