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U.S. Dollar / Japanese Yen
Short

USDJPY IS GOING DOWN

By Senorita71
Updated
USD/JPY’s next move depends on the actions of the Fed, according to a BofA strategist. If the Fed cuts the USD/JPY could fall to 142; if not it could rally higher. Intervention is like “leaning against the wind” if the Fed decides not to cut, the market will press higher.
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