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Tuesday, August 29, 2006

Japenese Minister push EUR/JPY down again

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Comments from Japanese finance minister Tanigaki that he wanted to carefully watch the JPY's moves versus EUR triggered the dip to a session low of 149.48. Earlier in the session the cross printed a fresh all-time high of 150.07, now it trades at 149.56 with stops reported below 149.45

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