The USDJPY pair has been patiently trading in a shallow angled channel particularly without any whipsaws caused by Greece vs EU recent developments. Safe heaven flows have been moved to USD and Yen making the pair additionaly stable while trade balance ( the difference in value between imported and exported goods and services ) in July came mostly as expected only slightly missing the forecast ( -41.9B actual VS -42.4 forecast), while Japan’s country economy continues to recover at a slightly
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