We’re getting back toward the 101.50 area where Japanese exporters capped USD/JPY during the middle of last week. A break of that level would go a long way toward signaling the all-clear for carry trade enthusiasts. We trade now at 101.17.
We’re getting back toward the 101.50 area where Japanese exporters capped USD/JPY during the middle of last week. A break of that level would go a long way toward signaling the all-clear for carry trade enthusiasts. We trade now at 101.17.
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