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USD/JPY falls below 156
Following an earlier update here this morning, noting the drop back in the USD/JPY today, the dollar has now extended that move to below 156 a moment ago. That fall has come with some downside on the GBP/JPY and the EUR/JPY. There is no suggestion the BOJ has been nibbling at this today, as the speed of the price action right now only suggest bout of profit-taking ahead of the CPI report and not anything else. The USD/JPY is currently trading at 155.98
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