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BoJ shows uncertainty, Yen Weakens
U.S. Dollar / Japanese Yen
Long
BoJ shows uncertainty, Yen Weakens
By JinDao_Tai
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Aug 7
4
Aug 7
The BoJ indicated that it was not ready to hike rates further if the market continues with volatility
On release of the news, the Yen weakened, with the USDJPY rising to test the 148 price area
look for a potential breakout to the 149.50 price level as further yen weakness is anticipated
boj
DXY
Forex
Fundamental Analysis
fx
Technical Indicators
jpy
Trend Analysis
USD
USDJPY
yen
JinDao_Tai
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