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The USD/JPY chart shows the rate has fallen below its 5 August low. This decline was influenced by comments from Bank of Japan representative Junko Nakagawa, who stated that the bank would continue raising interest rates if inflation keeps decreasing. “Given that real interest rates are currently very low, we will adjust the level of […]

The post USD/JPY Analysis: Rate Drops to New Yearly Low appeared first on Action Forex.

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