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USDJPY short
USDJPY
, 240Short
USDJPY: USDJPY short

The BOJ has reportedly spent around 3.5 trillion yen on their last intervention. The reason j think that this could go further is because looking past at previous BOJ interventions, they usually amount to 5-8 trillion yen. Despite new leadership, the BOJ will likely not take the risk and bet the US rate cuts during September. Their time to act is now, which is...

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