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USD/JPY hit by a nasty squeeze

Discussion in 'Fundamental Analysis' started by ForexLive, Dec 18, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Back to 122.44 USD/JPY is all over the place as the market digests the shock BOJ easing announcement. It shot up to 123.50 but has plunged to a session low of 122.34 now. It doesn't make any sense for USD/JPY to be selling off here with the BOJ announcing fresh easing.

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