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USD/JPY is up a big figure on the day in Asia

Eamonn Sheridan
15/06/2023 | 02:03 GMT

A big jump for USD/JPY as Asia responds to the Federal Open Market Committee (FOMC) 'pause' decision on Wednesday (accompanied by a more hawkish than expected dot plot):

  • Forexlive Americas FX news wrap: Fed hits the pause button but dots signal hikes

We had data from Japan earlier but there is no fresh news to catalyze the move.

  • Japan May trade balance data shows big slump for imports y/y, small jump for exports
usdyen big figure 15 June 2023

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