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USD/JPY Update: Why Markets Don’t Appear to be Buying the MoF Story - DailyFX
Japan’s top currency official stepped up rhetoric around the undesirable decline of the yen, but markets don’t quite buy it. However, USD/JPY remains fraught with risk
By: DailyFX
- Jun 28 2024
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![](https://feed.easybranches.com/uploads/2024/06/ffa0a9822a35e95fb54b44ca47a52892.jpg)
- FX intervention rhetoric shifts up a gear
- USD/JPY completely disregards the fall in US-Japan bond spreads to trade higher
- Markets appear to be calling t… [+3250 chars]
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