JPY Trading Outlook (27-10-2011)

The Japanese Yen (JPY) traded in a range around the Y76 level finishing near highs at Y76.20 ahead of the BOJ meeting later today which may announce new asset buying programs to help companies combat the strength of the Yen. Yen Crosses are soaring in response to the risk on rally. Looking ahead, BOJ Meeting ahead forecast to hold at 0.1%.

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