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USD/JPY Price Analysis: Pair Might Hit 140 on Rising US Rates

Started by forex4you, Sep 02, 2022, 05:54 am

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USD/JPY Price Analysis: Pair Might Hit 140 on Rising US Rates

Investors are buying the pair in anticipation of rising US interest rates. There is a 75% chance the Fed will deliver a 75bps rate hike in September. The pair has reached a 24-year high above 139. Today’s USD/JPY price analysis is bullish. The dollar gained significantly, especially against the yen, as investors prepared for rising … Continued


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