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USD/JPY snaps back along with US equities and yields

USD/JPY snaps back along with US equities and yields

USD/JPY bounces back
Not so fast.
USD/JPY plunged early in New York trade but with a better tone in risk assets it’s bounced right back.
This pair has been in a downtrend all month but this is the first good sign that it’s running out of gas.

Source: Forexlive RSS Breaking news feed
Date: April 24, 2021, 00:28