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USD/JPY Forecast Today 24/01: Waiting For The BOJ (Chart)
(MENAFN- Daily Forex)
- The US dollar had initially tried to rally during the trading session on Thursday but gave back gains showing signs of hesitation. At this point, the market looks very likely to continue to bounce around as it waits to see what the bank of Japan does next. On Friday, the Bank of Japan is coming out with an interest rate decision, and therefore I think it comes down to the question of whether it does anything to tighten monetary policy.

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