Forex blog – JPY forex fan

A forex blog about making pips in any currency pair

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February 26th, 2010

USD down after touching 8-mo high vs. EUR

jpyforexfan

USD turned down late in Thursday’s session after touching a nine-month high against EUR.

USD was favored amid fears that Greece could see a further downgrade in its credit rating, something that would complicate the debt-troubled nation’s efforts to meet its financing obligations. The EUR/JPY saw its 1-year low yesterday.

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