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USD/JPY Caught in Central Bank Crosswinds, BOJ on Intervention Watch

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    It's been a busy day so far for central bankers, especially in Japan and the US. As we noted on Monday, the yen has seen massive safe haven carry trade unwinding flows over the last two weeks, and as a result, USD/JPY is now falling for its 7th consecutive[​IMG]

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