JPY Trading Outlook (14-10-2011)

The Japanese Yen (JPY) the excitement from talk of a floor in the major on Wednesday was unwound easing the USD/JPY back below the key Y77. The market fell back to Y76.60 but found support again and will now be looking ahead to the G20 meeting this weekend where the Japanese FM will be asking for talks on the strength of the Yen.

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