Tuesday, August 4, 2009

USD/JPY's recovery from 94.35 continues to 95.35

After rising around 60 pips in the last hour from 94.78 to post intra-day high at 95.37, USD/JPY has extended its recovery from 94.35 in the early European morning to ease all of previous losses and trade 0.20% above today's opening price.

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