The Yen Seized the Moment
The selling of the USD, verbal interventions, and ‘hawkish’ rhetoric from the BoJ have helped the yen. The wide bond yield spread suggests the USDJPY uptrend remains intact. The US dollar went on a rollercoaster ride as consumer prices surged in September to a five-month high of 3.7%. Inflation exceeded forecasts. This raised the chances […] The post The Yen Seized the Moment appeared first on ActionForex.
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