<p>GBPJPY’s recent up move from the 129.28 level appears to be finding difficulty in closing above the 200-period simple moving average (SMA) at 132.60 and the 133.00 handle. The flatness in the
The Japanese yen remains an outlier within the G7 FX space as long as ultra-loose monetary policy appears to have no end in sight. Japan officials talk up ‘intervention’
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