USDJPY jumped more than 2% after comments from the Bank of Japan’s deputy governor reduced the chances of further policy tightening soon. Uchida said that the central bank will not raise interest rates when markets are unstable. These words brought buyers back into the Japanese markets and helped USDJPY to extend its 4% rebound from […]

The post BoJ Comments Ease USDJPY Oversold But Unlikely to Be a Game-Changer appeared first on Action Forex.

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