Dollar Versus Yen and Aussie February 22nd

FX Strategy Articles > Money Management

The USD/JPY pair continues to push towards the 80 level as the Bank of Japan's announcement of extended bond purchases weakens the Yen overall. The pair will face stiff resistance, but the area is one of the biggest areas on any FX chart. The longer-term trend could be decided as a result.

The AUD/USD fell on Tuesday at the risk sentiment drifted a bit after the Greek bailout. The Aussie has closed the gap - and more.

Published on 21st of February 2012
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