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Forex Trading: USD/JPY pausing temporarily after its cross brings it down over the past few sessions...

Posted by Michael FX on Fri, 05/09/2008 - 5:19am in

USD/JPY pausing temporarily after its cross brings it down over the past few sessions. It appears that given the bid strength in JPY in the GBP/JPY & EUR/JPY crosses that is the reason USD/JPY component is at these levels whilst USD/CHF has yet to be offered to the extent of USD/JPY.