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December 10, 2024

USDJPY Hits New Weekly High: Navigating BoJ Rate Hike Speculation

The USDJPY pair reached a noteworthy high of 151.07 on Tuesday, marking its strongest level in a week. This significant movement is primarily driven by uncertainties surrounding the timing of the next interest rate hike by the Bank of Japan (BoJ). Traders should keep a close watch on USDJPY as fluctuations in market sentiment can create opportunities. How will this affect your trading strategy?

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