Yen Versus Dollar and Loonie June 29th

FX Strategy Video > Currency Pairs Analysis

USD/JPY fell during the session on Thursday as the pair continues to find support below as the Bank of Japan continues to be actively working against the Yen. The pair could also find a bid if the Fed continues to do very little in the way of easing as we know the BoJ will continue.

The CAD/JPY pair fell during the session as the oil markets did as well. The pair is highly sensitive to this market, and as a result we are very interested in selling if the possibility arises.

Published on 28th of June 2012
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