Hello Traders!

MARKET UPDATE. Currency markets were very mixed during yesterday's trading session. We had a few short term trades during the London session that we thought had potential, but the market didn't make any major moves, consolidation continued and we remain to be sidelined. A very quick update today, as not much has changed. We've seen a lot of comments coming out of Japan in regards to the strength of the Yen, we continue to look for a trigger that will give traders a reason to buy the yen and send it to extreme overbought levels at which point the BOJ is likely to intervene.

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