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Archive for August, 2010

A Bad Month For USD/JPY

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More than three weeks ago, I talked about how USD/JPY has a strong tendency to weaken in the month of August. The year 2010 was no different as USD/JPY ends the month down nearly 3 percent. Although seasonality does not equal a certainty of USD/JPY weakness, it is worth noting that 83 percent of time, [...]