Dollar Versus Loonie and Yen January 31st

FX Strategy Video > Currency Pairs Analysis

USD/CAD saw an attempt at a rally for the session on Monday, but the end of the session saw something much different – a shooting star at the bottom of a downtrend…always a very negative sign. However, there is much to be concerned about on the sell side as well.

USD/JPY fell below the 76.50 level that everyone in the world has been paying attention to recently. This makes us wonder where the Bank of Japan gets involved…’s about time.

Published on 30th of January 2012
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