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Author Archives: JPY Editor

USD/JPY rebounds from weekly lows, back to 112.00

USD/JPY is trading back into positive territory for the day. The US dollar rebounded from 3-week lows that reached at 111.47 and currently is hovering slightly below 112.00. The recovery took place amid reversal in the bond market. US yields ...

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USD/JPY analysis: bearish trend firm in place

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USD/JPY hits 3-week lows as yields drop further

USD/JPY failed earlier to hold above 112.00 and recently turned sharply to the downside after the ECB meeting and particularity following a Bloomberg report regarding an investigation on Trump’s businesses. The pair fell from 112.10 to 111.47, reaching … Read ...

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USD/JPY: bearish, despite BOJ

The USD/JPY pair got a modest boost from the Bank of Japan, advancing up to 112.41 on the news, but stabilizing around 112.10 afterwards, where it holds after Wall Street’s opening. As largely expected, the central bank kept its ongoing ...

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USD/JPY downside pressure to 111.00 – UOB

FX Strategists at UOB Group stick to the neutral stance on spot, adding that a test of 111.00 still remains on the cards. “USD traded within a range of 111.53/112.22 yesterday, reasonably close to our expected 111.55/112.30 sideway trading range. ...

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