USDJPY Heavily Sold As BOJ Expectations Weigh
USDJPY Continues Lower
Despite broadly better performance elsewhere in FX markets, USD remains firmly lower against JPY today. Heightened expectations of a second Trump presidency have fuelled a strengthening of USD against most trading partners this week. However, with rising speculation that the BOJ is on the cusp of delivering a double tightening package next week, JPY continues to strengthen.
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USDJPY Heavily Sold As BOJ Expectations Weigh | Tickmill