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FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption

FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption

AI Briefing

  • USD/JPY remains neutral in the near-term, Japanese officials' verbal intervention signals downward resumption
  • USD/JPY range bound after recent interventions and verbal warnings
  • Traders focused on Japanese yen after recent interventions and warnings from Tokyo
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