Wednesday, April 7, 2010

60 MINUTE JUNE YEN CHART (delayed prices)

YEN RISES AFTER A LONG FALL. HIGHER YEN IS BAD FOR JAPANESE EXPORTS WHICH AFFECTS THE TRADE BALANCE WITH THE USA IN OUR FAVOR. A HIGHER YEN HURTS THE CARRY TRADE THAT USES THE YEN AS THE 'CHEAP' CURRENCY THEY BORROW

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