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*************************************************** Update Time: 29 Sep 2008 17:55GMT INTRA-DAY USD/JPY OUTLOOK - +104.85+ Despite dlr's cross-inspired selloff due to the weakness in U.S. stock market (Dow tumbled by more than 600 points), subsequent rebound after finding renewed buying at 104.20 suggests an intra-day low has possibly been made n bounce to 105.00 is seen. Buy at market with stop as indicated, break wud abort n extend weakness to 103.97... Rate: Read More...
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Latest Posts
- Time for another rescue package
- Stock markets continue weakening
- ECB to ease aggressively - yields will fall further
- London Gold Market Report
- Euroland: Very weak PMI should spur ECB to cut rates dramatically
- Currency Currents
- Currencies also sidelined although some Yen crosses dipped below October’s low
- Currencies also sidelined although some Yen crosses dipped below October’s low
- Currency Currents
- What will happen in the American session?
- Power up!
- Power up!
- Rating cycle turning decisively negative
- Rating cycle turning decisively negative
- Sterling looks for relief