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FEB 05, 2014 - Investopedia

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Flash: Go long USD/JPY at 97? - Societe Generale

FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale is willing to be patient to go long USD/JPY.Key Quotes"Core views are not going to change in the current hiatus. As well as long-term GBP/USD shorts, we remain bearish of NZD/USD, with more room to fall than AUD/USD for now, and we look for a brief period of calm in USD/CAD to be followed by a move to 1.15.” “And we would rather watch USD/JPY from the sidelines preparing to go long as close to 97 as possible, than get sucked in on either side of the trade here.” “On a better day for global risk sentiment, ... Read More

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