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USD/JPY Forecast: Yen Strength Revival Below 149.00 Resistance
Source: Buzz FX / 16 May 2025 05:52:21 America/Chicago
Key takeaways
- USD/JPY rebounded sharply from 140.00 to 148.65 but quickly reversed, showing signs of a failed bullish breakout amid profit-taking and technical resistance.
- The Bank of Japan held rates steady and cut its growth forecast,
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