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Posted by
Two Blokes May 8 -
Filed in
Forex
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3 views
After testing the 140 support area in the third week of April, the Dollar to Yen (USD/JPY) exchange rate strengthened to highs near 146 before a fresh retreat to around 144 amid on-going volatility across asset classes. Nomura expects renewed dollar losses with USD/JPY initially re-testing 140 and retreating further to 138 by the end of.
