USDJPY continues to trade higher within a range
Updated
150.00 is obviously an important level for the market. The BoJ certainly took notice at the breach of that level. The current intra-day trend is higher, with the US dollar appreciating against a basket of currencies.
Note
a 75bps rate hike came in from the Fed. This should support the US dollar, especially against currencies like the yen with a much lower and in this case negative rate.
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