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Posted by
Two Blokes May 1 -
Filed in
Forex
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The USD/JPY is trading with notable strength, surging to the upper end of its recent range as the Japanese Yen continues to underperform following the Bank of Japan's latest policy meeting. The pair is up 1.76% on the day and approaches the 146.00 area, driven by renewed divergence between US and Japanese monetary policy outlooks and fresh signs of labor market softness in the US.