Tuesday, March 08, 2005

mike81859's comments to Forex Trading Fundamentals: Dollar Plays It Safe Amid PBoC Comments

I agree with the remarks about the Bank of Japan and the desire to keep the Yen lower. The stage is about set for a lower Dollar aginst the Yen. Many expect the U.S. trade deficit to increase. However with the price of oil going up, that could counter the Yen's strength.

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