cos we got kangaroos? i give up.. :-)
Seriously, I think the hedge fund selling is hitting more intensely in different markets at any one time, and there are cumulative factors as well, such as the break up of the first yen low at this level. I sense that the worst is over for xjo, that the biggest chunk of yen owned xjo assets have been sold, so our market MAY now be more sensitive to indigenous sentiment that it has been for a long time. Notice how freely it has moved against the japanese market today at times.. haven't seen that for quite a while.
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