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USD/JPY slides towards 143.50 after Japanese PM announcement
The USD/JPY has just gotten hammered on the news that the new Japanese PM will not be as hoped for the dollar and the prospect of further easy monetary policy. There will be more detail on this in due course, but the dollar has just crumbled on hearing this news. The USD/JPY just dumped by around 300 points in a matter of seconds on this news, heading back towards 143.50. It is just now trading at 144.00
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