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03-16-2011, 10:42 PM #1
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USDJPY Flash Crashes All Support Taken Out: Record Collapse
USDJPY Flash Crashes As All Support Taken Out - Record Collapse
Submitted by Tyler Durden
03/16/2011 17:04 -0400
Support broken as the dollar yen plunges to an all time record low. Everyone now watching the Nikkei to see if it opens. That the BOJ has not intervened yet is beyond ominous, and nothing short of a death sentence for the Yen carry traders.
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