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USD/JPY’s outlook remains bearish, based on its daily chart, said Fawad Razaqzada, market analyst at City Index and FOREX.com.
USD/JPY’s bearish trend that started last summer may have now resumed, based on the weekly chart, said City Index and FOREX.com.
Markets’ reaction to rising fiscal uncertainty in the U.S. might be more harmful to the dollar than to Treasury bonds, Deutsche Bank wrote. The dollar remained higher.
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