Thursday, May 13, 2010

JPY weakened against major currencies

In Asian trading session today, the JPY weakened against foreign currencies back mayor.JPY fell 0.6% against the GBP than when it closed in trading yesterday. When these pairs are traded with the 139.27 level. If the JPY continued to weaken pair predicted would touch the level of 139.9. JPY continued to weaken against the USD until the level of 93.27 with the prediction of the next targets exist at the level of 95.00

JPY continued to weaken against the CHF to the 84.19 level is the lowest level in three days this time. If the pair continues to weaken the level of 85.5 is predicted to be touched. JPY is also down to its lowest level in two days against the EUR. JPY is currently trading at 118.39 vs. the EUR. If the pair continues to weaken predicted would touch the level of 122.3.

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