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USD/JPY Over the past week, the USD/JPY pair dropped by approximately 500 pips. As anticipated, sellers tested the critical 150.00–149.00 range. This level may serve as the starting point for an upward corrective rebound. The sharp decline in USD/JPY is likely tied to recent comments from the Bank of Japan’s Governor, Kazuo Ueda, hinting at […]

The post Yen Strengthens on Rate Hike Expectations; Euro Tests Recent Lows appeared first on Action Forex.

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