Dollar Versus Yen and Kiwi February 8th

FX Strategy Video > Currency Pairs Analysis

USD/JPY shot straight as the Bank of Japan finally admitted that they have been active in the currency markets lately. Surely, anyone who can look at a chart sees that something has been going on at 76.50 or so. The pair could pullback though, and then it could be bought.

The NZD/USD has been strong lately, but didn't impress during the session as the gains were relatively flat at the end. The pair could pullback - and we would welcome that as an opportunity to buy this currency at lower rates.

Published on 7th of February 2012
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