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USD/JPY still tossing and turning to start the new year

USD/JPY still tossing and turning to start the new year

The dollar was weaker across the board coming into European trading but higher bond yields helped to underpin USD/JPY to push higher at the start of the session, with the pair moving up from 131.65 to a high of 132.65 before easing slightly in the past 15 minutes or so. In the bigger picture, the pair is coming off a push lower on Friday after testing the late December highs near 134.50 - after having bounced off 130.00 last week:

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Posted: Jan 9 2023, 11:20
Author Name: forexlive
Views: 110612

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