Daily Archives: February 28, 2012
Sterling GBP – Japanese Yen JPY
A currency we don’t touch on too often – JPY which has indeed been extremely volatile of late, making excellent gainst against the Euro, U.S Dollar and Pound yesterdayas we heard the Bank of Japan intended in extend its asset purchasing programme, these gains appear to be short lived however as already this morning we are almost back to square one again. Much like the Swiss Franc I feel this currency is going to be jittery until we see any movement from central banks regarding potential devaluation.
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