Wednesday, November 10, 2010

G20 meeting creates havoc: Watch out: the yen, on the move, dropping hard

The Yen is the a story today. After dropping about 1% yesterday (a big move for currencies), this is the Yen at 7:20AM, now trading at 82.21:



FXY, the en ETF,  will continue dropping hard in response if this stays as is after the markets open.

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