The Bank of Japan hiked yesterday:
And the Federal Reserve gave hints a rate cut was coming in September:
USD/JPY tumbled (it did so prior to the BoJ on the leak from NHK:
USD/JPY has continued to drop:
![usdyen update 01 August 2024 2](https://images.forexlive.com/images/usdyen%20update%2001%20August%202024_id_61fb12aa-46f8-4cca-be15-b63424f2548f_size900.jpg)
Any rallies will likely be sold into
The Bank of Japan hiked yesterday:
And the Federal Reserve gave hints a rate cut was coming in September:
USD/JPY tumbled (it did so prior to the BoJ on the leak from NHK:
USD/JPY has continued to drop:
Any rallies will likely be sold into
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