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Don't Forget the Yen

10/4/2020

 
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Image: Nico Frey on Unsplash

The yen heard about the rave with gold and decided to stop by.  Asahi is a superior beer, after all.  USDJPY was at 105.670 before rallying upon President Trump's plague tweet and hit 104.944 in just over an hour before rallying halfway upon closing Friday.  The stalled US "stimulus" package is contributing to the uncertainty.

USDJPY will open at 105.314 today.

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