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USD/JPY. Price Analysis. Forecast. Will There Be a New Currency Intervention in the Yen?
The USD/JPY pair is attracting buyer
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The USD/JPY pair is attracting buyer interest despite the Bank of Japan's expected Friday increase in short-term policy rates to the highest levels in 31 years, and its confirmation that rates may be raised further depending on activity, price dynamics and financial conditions. The decision was not unanimous — a 7–2 split — indicating internal disagreements among board members. Those divisions, together with data showing some disinflation in Japan in August, reduced expectations for a more aggressive tightening cycle, which
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