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USD/JPY has dropped back under 128.00 in Asian morning trade

May 19, 2022/0 Comments/in Forex_news, Uncategorized Echo_9 /by euitsols

This is interesting:

Japan Inc. is expressing its dissatisfaction with the Bank of Japan. Any tightening from the BOJ would be a tailwind for yen.

USD/JPY has dribbled a little lower in morning trade (its early, just after 9am in Tokyo and 8am in Singapore & Hong Kong):

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