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The US dollar initially plunged overnight against the Japanese yen as the Israelis attacked the Iranians were starting to flatten positions and that ...
US yields experiencing only a three-wave drop from a new high last week down to 4.5%, we should anticipate more gains here. This is likely to be positive for the Dollar, especially against the Jpy.
USDJPY keeps firm tone and continues to trade near pivotal 155 barrier, where strong offers cap the action on expectations that Japan’s authorities may intervene at this zone.
The USD/JPY exchange rate will be the forex major to watch this week as the Bank of Japan (BoJ) delivers its interest rate decision and as the US publishes crucial economic data. It was trading at 154 ...
Investors should monitor Bank of Japan chatter amid a weaker Yen’s impact on household spending and price stability.