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USDJPY Technical Analysis

Last week we got many comments from various central bank speakers about the prevailing sentiment of being cautious and take a data-dependent approach to determine the extent of further tightening to avoid overdoing it. In fact, while the majority of the FOMC members expect two additional rate hikes for this year, they consistently emphasize that these decisions are contingent to the data. Last week's economic reports inclined towards a rate hike given the surprisingly strong housing market data,... Read More

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Usdjpy

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Forex

Posted: Jun 27 2023, 12:59

Author Name: forexlive

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