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USD/JPY climbs further beyond the 113.00 mark. Another leg higher is looking likely through the end of the year but economists at Westpac are more cautious in their forecast for 2022. “Near-term, 113.
A sustained decline under 112.62 opens the downside towards 110.58 as technical indicators remain overbought with trend intensity picking up momentum, Benjamin Wong, Strategist at DBS Bank, report.
The recent sell-off of the USD/JPY currency pair pushed it towards the 112.53 support level, its lowest in more than a month, but it settle ...
Recent comments from key Bank of Japan officials, including Governor Haruhiko Kuroda and board member Seiji Adachi,suggest the central bank and government will have no complaints about more JPY ...
The US dollar rallied a bit during the course of the trading session on Wednesday but gave back early gains to show signs of hesitation as we are hanging about the 50 day EMA.