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Fundamental Analysis Posted 3 hours ago

BoJ Hawkish Stance and Intervention Speculation Trigger USD/JPY Selloff

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USD/JPY dropped over 1% in early US trading after hitting 160.39, failing to sustain breaks above the psychological 160 level. Hawkish BoJ rhetoric signaling quick action to support the weakening yen, combined with speculation of direct intervention, drove the sharp reversal. The pair faces renewed downside pressure as policy divergence shifts in Japan's favor.
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