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USD/JPY knocks on the door of intervention territory

That set it on the path from the break of 140.00 to having touch a high of 145.07 earlier today. The 145.00 mark is where we can start to gauge intervention territory by Japanese officials, something which was pointed out here earlier this month. There has already been plenty of verbal warnings but that is part of the typical playbook by Japanese officials, as is the case in the past.For now, traders seem a bit guarded in testing waters above the key level. But unless Japan delivers more frequen... Read More

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Content Topics

Usd

Jpy

Knocks

Door

Intervention

Territory

Usd jpy

Forex

Posted: Jun 30 2023, 04:04

Author Name: forexlive

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