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Japanese Yen hits 160 against the Dollar
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After yesterdays 160 level hit, a swift pullback to 154.50 happened. We are now somewhere between the two prices.
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Keep in mind low trading volume will be happening this week over the bank holiday, liquidity in yen markets will be lower than normal. Speculative positioning against the yen appears stretched, could there be potential for a large unwinding?
Contact us here
Keep in mind low trading volume will be happening this week over the bank holiday, liquidity in yen markets will be lower than normal. Speculative positioning against the yen appears stretched, could there be potential for a large unwinding?
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