Category Archives: Forex

USD/JPY near term forecasts for CY2011

The USD/JPY currency pair, second only to the EUR/USD pair in trading volume, has been on a lengthy strengthening move over that past eighteen months, despite national disasters to the contrary. Known favorably as a base currency for the popular “carry trade2 amongst forex traders, The Yen has moved into a position of steady strength while its economy has been plagued with low growth for nearly two decades.

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