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Jan 28 - 01:55 AM

USD/JPY - Falling Back After Push Up To 155.95

By Haruya Ida  —  Jan 28 - 01:14 AM

• USD/JPY easing back after trading up to as high as 155.95 EBS earlier

• Spot now back down to around the mid-155 area

• Move up on strong demand into today's Tokyo fix and fresh Trump tariff news

• Follows USD/JPY spike down to 153.72 on JPY buy-backs, some haven flows

• Haven flows into US Treasuries, JPY and CHF on US tech stock slaughter

• E-Minis off some more but downside limited today to 0.1%, now @6040

• Related , for more click on [FXBUZ]

USD/JPY hourly:


(Haruya Ida is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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