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Author Archives: JPY Editor

USD/JPY spikes to session tops amid notable USD demand

A fresh wave of greenback buying interest seems to have emerged during mid-European session, lifting the USD/JPY pair to fresh session tops near 109.75-80 region. The latest Fed decision to raise interest rates by 25 basis points and hawkish outlook ...

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Daily Technical and Trading Outlook -USD/JPY

. USD/JPY – 109.41.. Dlr swungs wildly in hectic Wed’s session. Despite ratcheting higher to 110.34 ahead of NY open, price tumbled on downbeat US data to a 7-week low of 108.83 b4 rallying to 109.87 after hawkish Fed statement. ...

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USD/JPY analysis: trading sub-110.00, bearish

The USD/JPY pair fell to a fresh 2-week low of 108.80 before recovering some ground on a hawkish Yellen, but closed the day in the red anyway as markets were not convinced by her words. The most clear sign of ...

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USD/JPY recovers further with Yellen

The US dollar rose further in the market during Janet Yellen press conference. USD/JPY reached a fresh American session high at 109.71. Still, the pair remains in negate territory for the day. US bond yields moved off daily lows supporting ...

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