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Sep 30 - 05:55 AM

USD/JPY - Bias Remains On The Downside, Focus Still On Ishiba

By Martin Miller  —  Sep 30 - 03:50 AM
  • USD/JPY has dropped from 142.95 to 141.65, on Monday, according to EBS data

  • EUR/JPY and USD/JPY currency pairs continue to trade in tandem

  • Japan factory output falls, casting doubts on economic recovery nL4N3LB07G

  • Japan's incoming PM Ishiba calls for loose monetary policy nL6N3LB03H

  • Yen rose when Ishiba, a critic of easy policy, won the LDP race nL1N3LC04I

  • Japan's Nikkei dives, JGB yields jump after Ishiba win nL1N3LC06S

  • Ishiba calls election for Oct 27 nL1N3LC02P

  • USD/JPY bearish, could probe 2024 139.58 low nL1N3L90AV

  • The USD/JPY daily chart is negative nL1N3LC07E

Source:
Refinitiv IFR Research/Market Commentary

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