Originally Posted by MrPip

MiniMe,

Be careful with your assumptions re JAP Pairs. There has been a lot of movement lately due to the Tokyo bank raising the interest rate. Many big money people, not just traders, use the Bank of Tokyo to finance projects costing millions of dollars. Some even take a loan from Bank of Tokyo and deposit in a bank returning a higher interest rate. When the interest rate rises in Japan some might look elsewhere for cheaper money.

Robert