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USD/JPY climbs to six-day high above 112.50


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USD/JPY rises above last Thursday’s high

USD/JPY continues the solid turnaround as it rises above last Thursday and Friday’s highs near 112.50.

The climb is a part of a broad, continued US dollar rally following the FOMC minutes. The commentary suggested some fear about financial risks and that could keep the Fed on the path to higher rates. Some members even wants to go above neutral.

ForexLive

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