Algorithmic Trading NTKN articles - FX Update - USD/JPY
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FX Update - USD/JPY
Posted:01/12/2008 17:30 by Keith LobodzinskiUSD/JPY rallied back to 94.00 from session lows of 93.58 earlier, though was quickly driven back down on reported Japanese and U.S. fund account backed selling. The correlation between U.S. stock and USD/JPY remains high, so with offers in place, and equities in the tank, USD/JPY gains from here may be difficult. click here to return to the top of the page
