Sunday , 19 January 2025
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USD/JPY tested towards 145.00

We had the minutes of the Bank of Japan July meeting earlier, confirming board members want to continue along the rate hike path, albeit at a measured pace.

JPY found some bids, with useyn dipping to lows around 144.45.

Since then its bounced back, highs have been around 144.94.

The USD surged on Wednesday:

It may not be done yet:

This article was written by Eamonn Sheridan at www.forexlive.com.

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