February 4th, 2010 23:15:46 GMT

USD/JPY recovers some ground


Not particularly surprising to see USD/JPY popping back a bit after the massive sell-off overnight. This mini-recovery could re-test levels back towards 89.80. As mentioned earlier, the downside target is 88.25 so playing the edges of this range makes good … Continue reading

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February 4th, 2010 18:12:26 GMT

Just can’t stop a Toyota!


Sticking accelerators and faulty brakes are a lousy combo, but that is what Toyota is dealing with at the moment. The Nikkei reports that they will recall 270,000 Prius models to repair a brake problem A big slump in Toyota … Continue reading

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