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USD/JPY topped out around 151.90, just over, during US time on Monday.
its back there now and looking like it’ll threaten 152.00.
If not today then it appears to be only a matter of time. Earlier we had fin min Suzikie seemingly fumbling the ball on verbal intervention:
- Japan finance minister Suzuki says excess FX volatility is undesirable
This article was written by Eamonn Sheridan at www.forexlive.com.
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