Disliked{quote} UJ Sluggish movement around 151.3 yen per dollar, in a narrow range with limited upward or downward pressure. Cautiousness on both sides of the trade. Buyers, also known as bulls, are hesitant to push the price higher due to concerns about potential intervention by Japanese authorities. Japan has a history of intervening in the currency market to weaken the yen and support its export-reliant economy. On the other hand, sellers, or bears, are apprehensive about betting on a decline in the USD/JPY rate. The strong performance of the US economy...Ignored
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