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USD/JPY Price Analysis: Yen Recovers as Intervention Fears Rise

by Forex Crunch
January 8, 2025
in Forex Analysis
Reading Time: 1 min read

Japan’s Finance Minister, Katsunobu Kato, warned traders against selling the yen. The USD/JPY pair is quickly approaching the pivotal 160.00 level. This week, the US will release its crucial nonfarm payrolls report. The USD/JPY price analysis shows some relief for the yen amid renewed warnings against excessive declines. Japan’s top officials are becoming increasingly concerned…
The post USD/JPY Price Analysis: Yen Recovers as Intervention Fears Rise appeared first on Forex Crunch.
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