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USDJPY Technical Analysis

The Fed has decided to pause at its latest policy meeting keeping rates at 5.00-5.25% range. They explained that in doing so they can see more economic data and make better decisions on how much to raise interest rates to bring inflation down to their target without causing too much damage to the economy. They have also raised their terminal rate projection although the market doesn’t see it happening as recent economic data started to disappoint, especially the labour market data. The on JPY si... Read More

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Usdjpy

Technical

Analysis

Forex

Posted: Jun 20 2023, 12:20

Author Name: forexlive

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