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Japan To Intervene Again Very Soon: Analyst

October 11, 2010

Japan is close to intervening again as the dollar approaches the key 80 yen level, says John Noonan, senior FX analyst at Thomson Reuters, speaking to CNBC's Karen Tso and Sri Jegarajah. He adds that markets have priced in QE2, so the dollar is vulnerable for an upward correction but it will trend lower long term.

Source: http://www.cnbc.com/id/15840232?video=1612310970&play=1
 
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