• December 20, 2022
  • Market News
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US Dollar Benefits as BoJ Capitulates to Tighter Policy, Sinking Risk Assets

The US Dollar ascendency got back on track against most currencies except the Japanese Yen after the Bank of Japan surprisingly tightened monetary policy today.

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USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Dec 05, 2022 when USD/JPY traded near 136.57.

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