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Old 10-02-2006, 04:42 PM
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USDJPY is under strict control of BoJ (Bank of Japan). BoJ has the greatest buying/selling power of all central banks in the world, and more importantly it's very interested in keeping USDJPY as stable as possible until fiscal year end. At the end of fiscal year, BoJ will always shoot up USDJPY by selling trillion dollar worth of JPY for USD.

(Jan Feb and March are predictable, thanks to BOJ)
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Last edited by scorpion : 10-02-2006 at 04:57 PM.
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