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USDJPY accelerated lower in early European trading on Wednesday, following a mixed immediate reaction on BoJ’s decision to raise interest rate from 0.10% to 0.25% and unveil plan to halve bond buying. The decision was positive for yen and added to currency’s broader strength, sparked by recent interventions by Japan’s authorities. Fresh weakness pushed the […]

The post USD/JPY Outlook: Cracks Key 150 Support Zone on Fresh Post-BoJ Acceleration Lower appeared first on Action Forex.

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