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The JPY had an interesting year so far. Long-viewed as a safe-haven currency, it looks for direction at least when one looks at the USDJPY pair.
The USD’s weakness seen across the board recently failed to materialize against the JPY. In fact, the JPY even declined somewhat against the USD, but overall the pair keeps a balanced tone.
It comes as no surprise, for at least two reasons. First, the interest rate differential between the…
The post Abe Resignation No Game Changer for the Japanese Yen appeared first on Vantage Point Trading.
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