UJ
The downside for the USD/JPY limited in the wake of the dovish stance adopted by the Bank of Japan (BoJ).
BoJ Kazuo Ueda said on Wednesday that the central bank will stick to ultra-loose policy until the recent cost-push inflation shifts into price rises driven more by robust domestic demand and higher wages.
This marks a big divergence in comparison to a relatively hawkish Fed.
Weakness below the 150.65 attract fresh buyers near, currently pegged just ahead of the 150.00 psychological mark.
Japan intervene in the FX market, which, along with the cautious market mood, is seen lending some support to the safe-haven Japanese Yen (JPY).
Whcih LQ it want to wipe first...........
KAMAKAZEEEEEE.... Banzai,,,,,,,,,,,
I come from the future.
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