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Tuesday, November 08, 2005

Futures Closing Bell 11/08/2005

What is next for the Japanese Yen? After dropping to a 26-month low against the Dollar last week, can the Japanese Yen fall further? Yen bears would argue that the Yen is still ripe for further declines, citing indications that the Federal Reserve is not finished with its tightening cycle, and that the interest rate differential between the U.S. and Japan will continue to widen. Read More....