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USD/JPY Suffers From BoJ Decision

Discussion in 'Technical Analysis' started by Kaitlin, Apr 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The FOMC statement had no effect on the USD/JPY currency pair yesterday, as the exchange rate remained relatively flat for the second day in a row. The BoJ statement today, however, had a devastating effect on the pair, strengthening the Yen and causing the pair to drop to the 109.00[​IMG]

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