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USD/JPY pinned at the lows for the day ahead of European trading

The pair is down 1.2% on the day near the 146.00 mark currently, with the low earlier touching 145.90. It has been more or less one-way traffic since liquidity picked up in Asia, after the opening gap lower in the pair.The surge higher in the Japanese yen comes after BOJ governor Ueda's remarks on a "quiet exit" from their current monetary policy settings. It's a contrast to what they have been previously talking but is perhaps an attempt to try and prevent a further fall in the currency, which... Read More

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Usd

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European

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Usd jpy

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Posted: Sep 11 2023, 06:41

Author Name: forexlive

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