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USD/JPY falling back towards 153 again
We noted earlier how the USD/JPY had managed to rebound back towards 153.75. Well, since then and for the past few hours it has been tracking lower and lower and it is now not much above that 153 handle once more. We remind readers of the low seen earlier today, at 152.95 and the low seen yesterday at 152.89.
We also note that according to the latest surveys, around 65 out of 95 economists expect the Fed to hold rates next week and that is clearly not a positive for the USD/JPY, seeing has the major of the same experts expect the BOJ to raise rates by 0.25% just two days after the Fed decision. The USD/JPY is right now at 153.15
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USD/JPY falling back towards 153 again
We noted earlier how the USD/JPY had managed to rebound back towards 153.75. Well, since then and for the past few hours it has been tracking lower...