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That was the BOJ taking a step back from the market for about 90 seconds,
as if ending intervention, and then reappearing. They have been doing this
on and off for awhile. Sometimes, it is more effective than other
times--and shows up in other currencies, as people scramble to cover in any
dollar denominated currency...
Tim Morge
At 09:38 PM 3/15/2004, dennis wrote:
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