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Nikkei 225 has undergone a 4-week corrective decline of 10.6% since its 41,088 all-time high printed on 22 March. Nikkei 225 major uptrend phase in place since 4 January 2023 remains intact. BoJ’s recent announcement on its reduction of 5 to 10-year JGBs purchases has led to a spiked up in JGBs yields that implied […]

The post A Steeper JGB Yield Curve May Kickstart Another Bullish Leg in Nikkei 225 appeared first on Action Forex.

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13/03/2024

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