FX & CFD trading involves significant risk
Dragged lower by euro-yen, USD/JPY has slipped to Y82.85 as bids to Y82.80 are slowly eroded. While Y82.80 area contained slippage Thursday, accompanied by chatter of Asian sovereign demand, no such talk has been heard today, one trader says. Risk may be for stops below that level to trigger a fast move to Y82.50 if exposed.
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