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USD/JPY Slumps Ahead Of Central Bank Meetings

Discussion in 'Technical Analysis' started by Kaitlin, Jul 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The US Dollar ended the day with another decline yesterday, falling below the 106.00 mark and completely negating Fridays gains. Earlier today the USD/JPY currency pair unexpectedly slumped below the 105.00 major level, amid growing skepticism that more easing from the BoJ will be successful in weakening the Japanese currency.[​IMG]

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