Friday, April 1, 2011

Yen continues to drop today, lower than before earthquake; FXY Straddles

The Yen continued to drop overnight. Stay tuned for an update on our FXY straddles later today.


You can clearly see the Yen bounced after the earthquake, and the sharp reversal. The Yen is now lower than it was before the earthquake, as we expected it to be:


Charts are 24h, from INO (click for free 2 months bonus).

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