Sunday, February 15, 2009

Japanese Yen Safe Haven Status In Jeopardy From 'Unimaginable' GDP


While the dollar exhibited incredible volatility this past week; for the most part, the increase in price action would not come with any defined direction from the world’s most liquid currency. Instead, the majors would further carve prominent wedge formations that will ultimately demand breakouts and a decision for direction some time soon – and that resolution may come this week.

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