26th
February
2009
Short-Term Forex Technical Outlook: GBP/JPY (Daily FX via Yahoo! Finance)
posted in News |The economic slump in the global economy has certainly taken a toll on the Japanese economy, and as the downturn in the world?s second largest economy intensifies, the yen is likely to face increased selling pressures over the near-term as the low-yielding currency?s safe-haven status comes under pressure.
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