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Monday, March 5, 2012

Flurry of Profit Taking Presents Opportunity for Yen Trades

Profit taking during the Asian trading session sent the Japanese Yen higher against the U.S. Dollar and other major crosses but ahead of Friday’s non-farms payroll release by the U.S. Bureau of Labor Statistics, the U.S. Dollar, at least, is likely to resume its uptrend.

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