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December 19, 2024

USD/JPY Rallies Past 155 as Market Anticipates Further Gains

The USD/JPY pair surged past the 155 mark following the Bank of Japan’s recent policy announcement. This measured response was mainly seen as a dovish surprise by market analysts, particularly noting Francesco Pesole’s comments from ING. As investors digest this information, the focus shifts to the potential for the pair to reach the 158/160 area. Monitoring these levels will be essential for traders looking to capitalize on the momentum created by the central bank’s decisions. Entreprenerdly.com will continue to provide timely updates and analysis on this developing story, ensuring you’re well-informed as market conditions unfold.

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