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Nov 15 - 07:55 AM

USD/JPY - REFILE-BUZZ-USD/JPY Bias Remains On Upside, Kuroda Relaxed On A Weak Yen

By Martin Miller  —  Nov 15 - 05:49 AM

Removed the word "too" on first line

  • There are said to be offers from Japanese exporters up top on 114

  • Japanese importers and speculative shorts are noted buyers on dips

  • USD/JPY has seen a 113.76-114.03 range, according EBS price data

  • USD/JPY chart points to much bigger gains in coming sessions nL1N2S60LR

  • BOJ Kuroda: weak yen not negative for Japan's economy nT9N2RS017

  • EUR/JPY's correlation with USD/JPY breaking down, 30-day log is sub +0.5

Daily Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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