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USD/JPY signals that the BOJ still has a problem on its hands

USD/JPY signals that the BOJ still has a problem on its hands

USD/JPY is now flat on the session at 128.12 after touching as high as 131.57 in the aftermath of the BOJ decision.

The BOJ might have burned the short-term specs but it looks like the strong hands used the higher levels to reload. Ultimately, the BOJ will have to normalize and owning more than 100% of some Japanese government bonds... Read More

Posted: Jan 18 2023, 14:04
Author Name: forexlive
Views: 102119

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