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Feb 01 - 06:55 AM

USD/JPY - Traders Steadily Exit USD/JPY Ahead Of Fed Decision: Flow Data

By Martin Miller  —  Feb 01 - 04:35 AM
  • Dollar on edge ahead of Fed decision nL1N34H099

  • BOJ's record bond buying highlights challenge for yield control nL1N34H09D

  • EBS flow data shows FX traders have been steadily exiting USD/JPY all week

  • USD/JPY has seen a 129.80-130.41 range, on Wednesday, according EBS prices

  • It looks set to slump while it is under a key level at 131.00 nL1N34H0JO

  • EUR/JPY's correlation with USD/JPY high, 30/60-day logs are well above +0.5

Refinitiv IFR Research/Market Commentary


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