RKarina

USD/JPY bounces back to 154.50 amid risk recovery

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY rose to 154.50 during the Asian session on Thursday, from a previous low of 154.00, as the US dollar rebounded from a recent decline and concerns about Japan will likely intervene in the foreign exchange market. The return to growth in risk appetite is supporting the recovery of this currency pair.

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