RSS USD/JPY: Bears regaining control – OCBC

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 RSS USD/JPY: Bears regaining control – OCBC

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USD/JPY fell, tracking the gap lower in UST yields. Focus next on BoJ MPC (Fri). We are looking for 25bp hike on Friday. USDJPY last seen at 155.46 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
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