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Home Forex US Dollar fades off Tuesday’s high after Bank of Japan delivers dovish hike
Forex

US Dollar fades off Tuesday’s high after Bank of Japan delivers dovish hike

March 19, 20241 Mins read52 Views

The US Dollar (USD) jumped firmly in the green on Tuesday, giving a big thank you to the Japanese Yen. The Yen, which accounts for roughly 13% of the US Dollar Index (DXY), depreciated nearly 1% against the Greenback after the Bank of Japan

Previous post USD/JPY: 152.00 now becomes a big psychological level going into Wednesday’s FOMC – SocGen

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