The Japanese Yen (JPY) one again those buying into the correction were paid off handsomely last night with the BOJ Governor Shirakawa bringing forward his resignation date to allow a more dovish central banker to be appointed. USD/JPY bounced from Y92 to Y93.60 by the end of New York and in sight of the major Y94 resistance and bull target. EUR/JPY was even more volatile in a 340pip range as the sellers were overrun.
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