Japanese Yen May Lose Ground And Volatility As Risk Aversion Settles (Daily FX)
Posted on October 31, 2008 at 9:41 pm in Online Trading
A near 800-point reversal from the Japanese yen last week says more about the state of volatility going forward for the currency than its actual direction. The past week was filled with market moving event risk and its influence over general sentiment has altered this carry currency?s bearing.
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