USD/JPY Softens as Yen Hedges Surge Ahead of BOJ

<p>Rate cut odds for the December FOMC meeting now stands at 15.1% vs 16% yesterday Protection against yen strength rises to a four-month high Bearish tones emerging for USD/JPY as top Ichimoku cloud tested The Japanese yen is catching modest bids here as stocks soften on Microsoft’s disappointing AI outlook and as pressure builds for […]</p>
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