Yen gains as traders look to BOJ meeting next week

By X-blogger - on July 24, 2024

The yen rose for a second straight session against the dollar, boosted by comments from a senior Japanese politician about normalising monetary policy, adding pressure on the Bank of Japan to continue hiking interest rates to boost the currency .

The Dollar fell 0.8% against the Yen in the last trading session. The MACD is giving a negative signal.
USD fell 0.8% against JPY in the last session.
The MACD is currently in negative territory.
Support: 155.5967 | Resistance: 158.2767

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