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Asian Session: New Zealand GDP Disappoints
12/23/09 by Daily Forex Snapshots
Filed under Forex & Futures
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Markets have shifted into holiday mode, as ranges have become compressed and thin liquidity is dominating price behavior. USD was basically unchanged in the Asian session, with Japan on holiday. Higher Treasury yield in recent weeks have created just another reason for traders to liquidate JPY positions. The USDJPY started the Asian session around 91.80, after the JPY fell the hardest in the… | ||||||||||||||||||||
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