Monday, April 9, 2007

Expect trading desks to start talking about this slow subtle charge higher in EUR/JPY..The pair is within 1.7% of its all time high set back in March of 1998 right before a concerted intervention effort in USD/JPY gave the JPY a meteoric boost along the lines of 10 big figures higher in less than 2 trading days....Be on guard and don't miss this move if it happens

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