USDJPY – Hawkish BoJ and Speculation of Another Intervention Were Likely Behind Today's Sharp Fall

USDJPY drops sharply in early US trading on Wednesday (down over 1%) after the pair hit the highest in almost five weeks (160.39) but bulls repeatedly failed to sustain gains above psychological 160 barrier.

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USDJPY USD/JPY

Source: Action Forex

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Category Forex

Source Action Forex

Published 3 weeks ago

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News ID #13,247

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