[B]Financial Market Volatility Leads DailyFX Analysts To Dollars And Yen Crosses
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Bank turmoil has once again led to market turmoil after news this weekend that Lehman was preparing bankruptcy procedures and Bank of America bought Merrill Lynch to help weather the financial storm. For the currency market this has led to sharp moves in all the dollar-based majors and the risk-sensitive yen crosses. Read on to see how the DailyFX Analysts are positioning to avoid risk and take advantage of the unusual activity: