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USD/JPY is losing some altitude

The BOJ decision is due later

USD/JPY rose as high as 122.89 in late US trading but the soft close in the stock market, the looming weekend/holidays and some concern about the BOJ has led to some selling in early Asian trading.

USD/JPY skidded as low as 122.39 and is trading at 122.53.

USD/JPY longs have been everyone's favourite trade after the Fed.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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