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What's next for USD/JPY after the weekend BOJ surprise

USD/JPY is in the middle of the daily range after falling as low as 145.90 today and the bouncing 60 pips. It's been a back-and-forth market but has defied some early loud commentary that suggested buying the dip.I spoke with Dale Pinkert on Thursday and warned that intervention was less of a risk than a shift from the Bank of Japan. We got a sense of that on the weekend with Ueda's comments and now that puts the central bank in play for the rest of the year with decisions on:Sept 22Oct 31Dec 19... Read More

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Posted: Sep 11 2023, 19:22

Author Name: forexlive

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