Senorita71

USDJPY IS GOING DOWN

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Senorita71 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
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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