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In the broadcast today: Will the JPY Carry Trade Continue to Fizzle? With risk aversion returning after the markets got a "cold shower" from the Euro-zone Industrial Production, the U.S. Retail Sales, and the Bank of England's Inflation Report, we analyze the JPY carry trade currency pairs and examine the USD/JPY pair's attempt to challenge an important support level, we follow up on the recent trend developments with the USD/CAD and the EUR/GBP currency pairs, we discuss new forecasts from Deutsche Bank and UBS, and prepare for the trading session ahead.
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