JPY Trading Outlook (03-11-2010)

The Japanese Yen (JPY) failed to take advantage of a weaker dollar on murmured buying interest ahead of the key 80.00 figure. The USDJPY traded with a low of 80.45 a high of 80.96 before closing the day at 80.64. The BoJ meeting is scheduled on Thursday, soon after the FOMC.

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