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USDJPY Reversal To Balance Fed’s Persistent Rates Drive and Google-Threatened Nasdaq Plunge

MongiIG

By MongiIG,
in Foreign Exchange (FX)

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MongiIG

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The markets will be on precarious ground heading into Wednesday’s trading session with after-hours earnings selloff from market cap giant threatening to push the Nasdaq 100 into a full reversal. Yet, for USDJPY, carry trade and unrelenting rate forecasts makes for a critical balance.

 

 

 

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