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Forex pairs in this Article » USD/JPY
FXstreet.com (Barcelona) - According to Robert Rennie, analyst at Westpac in Sydney, "verbal intervention has played a much larger part in pushing the ¥ down than most believe", thus making the recent G7 statement on soft warning to Japan about current policies "all the more important for USDJPY" he says. "We therefore recommend selling USDJPY via options" he adds.
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