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USD/JPY drops back sharply below 146.50
In the past few moments the USD/JPY has lurched lower again. The dollar has just been hit quite hard in recent trading and fallen to below 146.50. The fall in the dollar has no direct news based catalyst that can be detected here, but it sure has been hit quite hard and it seems a slide in the Nikkei 225 futures is behind this dollar hit. The move lower in the dollar has carried the major Yen crosses lower with it. The USD/JPY just now traded below 146.35. It is currently trading at 146.55 and price action remains fluid and very volatile again right now
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