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USDJPY gains ahead of BOJ interest-rate decision: Key levels and market sentiment

USDJPY gains ahead of BOJ interest-rate decision: Key levels and market sentiment
The USDJPY pair is trading higher today as the market anticipates the upcoming interest rate decision by the BOJ on Friday. This meeting marks the first for the new Bank of Japan (BOJ) President, Ueda, who has expressed a preference for maintaining the current yield curve control. This stance contributes to a weaker JPY, while the Fed remains concerned about inflation, at least for the time being.Examining the hourly chart, the price initially dipped during the Asian session but found support ag... Read More
Posted: Apr 24 2023, 14:15
Author Name: forexlive
Views: 081978

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