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CADJPY: Picking the Underdog
The second half of the North American trading day wasn’t too compelling if you were watching charts as a healthy portion of traders were likely taking extended lunches to enjoy the start of the NCAA Tournament. Therefore the moves of the morning pretty much remained for the duration, but Asia is lying in wait to pick up the liquidity. On tap for the region is Meeting Minutes from the Bank of Japan, Reserve Bank of Australia’s Governor Glenn Stevens giving a speech, and a couple of minor New Zealand economic releases. The first two have a decent chance of moving markets particularly now that the world is up to ... (full story)
