Market Overview

USD/JPY Higher

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USD/JPY is trading higher Monday morning at 120.68, up 0.59.

Minutes from the Bank of Japan monetary policy meeting were released overnight and has kept dollars buyers active. The BOJ reiterated its monetary policy. Japan's year-over-year Machine tool order data came out at +5.9 percent. The month-over-month data showed a slight decline.

Market talk about Japanese and U.S. monetary policy is non-stop.

 

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Posted-In: Japanese Yen yenFutures Forex Markets