USD/JPY held around 159.53, with the Japanese yen trading sideways for more than a week. The currency has lost approximately half of the gains made following the joint intervention by Tokyo and Washington at the end of July. Pressure on the yen persists due to a wide interest rate differential, rising fiscal risks, and elevated […]
The post USD/JPY Remains Range-Bound: What Comes Next? appeared first on ActionForex.
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