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The Yen Rebounds in the Asian session!
By Sean Hyman | May 5, 2009
The yen rebounds and puts most all of the yen crosses at the bottom of the percentage gainers/losers list. AUD/JPY, NZD/JPY, EUR/JPY, CHF/JPY, GBP/JPY and CAD/JPY all tank to the bottom of the pack. The strongest of them is USD/JPY but even it took a hit too. On another note….Australian Retail Sales and Trade Balance came in better than expected. So after this “yen strength” is over, expect the AUD/JPY to come pushing up higher in particular. Get started with a demo account today: http://www.fxedu.com/practice-forex-account
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