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Taken from a friendly site: http://www.etf-corner.com/
YEN ETF shows it is ready to take a dip which implies a solid strengthening for YEN against the USD. My target for YEN/USD is 85 by Dec 2009
Source: FT
A very good read on Macro trends and the unstoppable forces behind today currency movements.
Link at the bottom of the article.
There are 3 trends active in the markets today and all other trends are only derivations of these.
1. YEN strengthening
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