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Sep 19 - 07:55 AM

USD/JPY - Likely To Climb This Week, Fed And BOJ Decisions Due

By Martin Miller  —  Sep 19 - 06:25 AM
  • USD/JPY has seen a 142.65-143.57 range on Monday, according to EBS data

  • Japanese holiday - a low key start to a likely hectic week of event risk

  • Dollar robust as Fed headlines big week for central banks nL1N30Q0B0

  • Rate decisions are due from the Fed and BOJ this week

  • USD/JPY chart bullish, multiple tech factors point to gains nL1N30Q0EU

  • EUR/JPY's correlation with USD/JPY is high, 30/60-day logs are above +0.50

  • Typhoon Nanmadol hits air, roads in Japan with torrential rain nL4N30Q06M

Source:
Refinitiv IFR Research/Market Commentary

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