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September 24, 2012

USD and JPY: Mere consolidation or reversal?

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If we are seeing an out and out reversal of the QE theme this may not be confirmed until next week, while if this is merely a consolidation we should look for resistance to the USD and JPY strengthening very soon. As the EURUSD generally failed to hold the 1.300 level on Friday, today began on a ... FF News: Fundamental

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