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Dec 19 - 04:55 AM

USD/JPY - Rallies As Fed/BOJ Decisions Reinforce The Uptrend

By Martin Miller  —  Dec 19 - 03:15 AM
  • Dollar rallies, yen tumbles after BOJ keeps markets guessing nL1N3NK07X

  • Fed lowers rates but sees fewer cuts next year nL1N3NI0I2

  • USD/JPY has risen from 154.45 to 156.78, on Thursday, EBS data shows

  • Spot has marginally broken the November 156.76 peak

  • EUR/JPY has climbed from 160.13 to 162.99, on Thursday so far

  • Note the euro usually climbs against the yen in December nL2N3N50BM

  • BOJ holds in 8-1 vote, as eyed despite some wavering nL1N3NK044

  • BOJ's Ueda ready to hike if economic/price outlooks correct nL1N3NK087

Source:
London Stock Exchange Group | Thomson Reuters

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