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Sunday, September 26, 2010

Forex Trading - USD/JPY weekly outlook: - September 27- October 1

Sunday, September 26, 2010
Forex Trading - USD/JPY weekly outlook: - September 27- October 1 Last week saw the U.S. dollar move lower against the yen but a sudden and short-lived tumble by the yen on Friday sparked speculation of fresh intervention by Japanese authorities.

USD/JPY hit 85.38 on Friday, a 3-day high; the pair subsequently consolidated at 84.20 by close of trade on Friday, having shed 1.51% over the week

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