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USDJPY rose further on Monday, signaling continuation after bulls paused for consolidation on Thu/Fri. Although traders remain cautious over looming intervention, after Japanese authorities reiterated their stance of intervening again to support weakening yen, bulls hold grip for now. Fresh strength hit new highest level since Oct 1986 and on track for daily close above […]

The post USD/JPY Outlook: Hits New Multi-Decade High Despite Persisting Intervention Threats appeared first on Action Forex.

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