Japanese Yen Continues to Rise
The currency markets are pretty buoyant today. Both the Yen and euro are attempting to test resistance lines. The unofficial "Weak Dollar" policy continues to hold. I am feeling a bit nervous -- the Yen Carry Trade continues to unwind while "asset prices" continue to gain.
BREAKING UPDATE: Resistance line at 1.1368 was broken through during intraday soon after I posted.
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