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Japanese Yen Forecast: Three Reasons the BOJ Won’t Intervene in USD/JPY Again
If you rewound the clock by a month, you’d undoubtedly be reading constantly about the risk of Japan’s Ministry of Finance (MOF) and the Bank of Japan (BOJ) intervening into the forex market to support the value of the yen (suppress XXX/JPY pairs). As we all know by now, that direct intervention did indeed occur, once at the end of April when the yen selling became acute, and again in early May when Japanese policymakers sensed weakness in the US dollar following a softer-than-expected US CPI report. Though the (lack of) headlines seem to suggest that traders have moved on to other concerns, the yen has quietly ... (full story)
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- May 26, 2024 6:35am May 26, 2024 6:35am
- Jade Gate
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Let's go DODGERS !!
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- MatTrader101
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- Momofrmnyc
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The solution is (x).
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- chimdayo
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- Mafia
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https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
IKJ Capital All Time Pips:
379
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- Nabil1144
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- axecap
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its all just one persons opinion....
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- MatTrader101
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