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8:43 AM · 14 September 2022

Japanese government wants to stabilize Yen!

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Hirokazu Matsuno, Japan's chief cabinet secretary, communicated that the government is ready to make any possible decision to stabilize the current volatility on the Japanese yen.

  • In response to these comments and the attempted rebound of other currencies against the US dollar, the USD/JPY pair is currently losing more than 1%. 

The USD/JPY pair is heading towards the opening of yesterday's D1 candle. Source: xStation 5

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