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Risk Of USD/JPY Spike Increases Amid More Verbal Intervention

Discussion in 'Technical Analysis' started by Kaitlin, May 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    USD/JPY has been trading in a tight range for much of the past week as the Japanese yen’s recent propensity to strengthen has been counterbalanced by a series of verbal warnings emerging from Japan regarding the likelihood that the country would intervene to weaken the yen. As the Japanese-hosted G7[​IMG]

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