The bearish momentum for the USD/JPY still stands and is increasing with the investor’s rush again towards safe heavens amid increasing bleak expectations for the global economy with the ongoing world
The US Dollar ascendency got back on track after a tumultuous few trading sessions that has seen most of the major global central banks have their say of the future of monetary policy.
The greenback has gone back and forth against the Japanese yen during the trading session on Wednesday as we continue to see the 50 day EMA come into play and cause a lot of back and forth.
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