Dollar Versus Yen and Loonie Febraury 13th

FX Strategy Video > Currency Pairs Analysis

USD/JPY sat fairly still on Friday after making a fairly parabolic short-term move. The 78.50 level above looks very resistive at this point, and we feel that a pullback is coming. The Bank of Japan is below - but we have a couple of handles before they get involved.

USD/CAD continues to bounce around in the parity neighborhood, although the move was strong on Friday. None the less, this pair looks lost, and a great place to lose money at the moment.

Published on 11th of February 2012
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