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We provide investors with valuable alternatives in the Forex marketplace. These include innovative educational opportunities, comprehensive research, superior analytical tools and state-of-the-art electronic trading capabilities.Earlier this morning at the London open, there was a curious move on  the Yen crosses which has prompted some to believe that the Bank of Japan is actively selling Yen in the market.   While not a formal intervention, this could be the path the government takes to try to keep speculators


Article Content:
Earlier this morning at the London open, there was a curious move on  the Yen crosses which has prompted some to believe that the Bank of Japan is actively selling Yen in the market.   While not a formal intervention, this could be the path the government takes to try to keep speculators from pushing the Yen too high.

A Japanese Miinstry of Fiance official declined to comment on whether or not authorities intervened.   Consider this a “shot across the bow” as Yen longs have been warned!

 

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