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USD/JPY not a lot changed after the high, but not as high as expected, Tokyo CPI numbers

USD/JPY not a lot changed after the high, but not as high as expected, Tokyo CPI numbers
USD/JPY is not a lot changed after the data:Tokyo area CPI for June, headline 3.1% vs. 3.8% expectedIts hovering just under 145, which is discussed as a bit of a level for the Bank of Japan to intervene. 145-150 in USD/JPY nominated as the area to watch for Bank of Japan yen interventionBut maybe not:USD/JPY at 152 is a possible Bank of Japan intervention trigger - Credit SuisseMake sure you check out this quick video update from Greg:I know. I know.. I know. The USDJPY is overbought, but how do... Read More
Posted: Jun 29 2023, 23:45
Author Name: forexlive
Views: 081053

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