Wednesday, January 6, 2010

Market players in the dollar's direction

The main focus for market players is the direction of the dollar now that year-end buying is no longer around to give the greenback support," said Minoru Shioiri, chief manager of FX trading at Mitsubishi UFJ Securities.
"And the reaction of U.S. yields to the upcoming data will be key for dollar/yen," he said.

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