- December 22, 2022
- Market News
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USDJPY Bearish Break Was Dramatic, But Liquidity Can Tame Even That Move
The breakdown from USDJPY – and most Yen crosses – following the Bank of Japan’s surprise tightening of its monetary policy was certainly dramatic. It may also prove a fundamental shift for the Japanese currency over time. However, that tide change doesn’t have to play out immediately through liquidity drain.