USD/JPY in Positive Territory: Yen Erases All Weekly Gains

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USD/JPY rose to 159.40 on Friday, with the Japanese yen surrendering all the gains accumulated since the beginning of this week. Pressure intensified following comments from Bank of Japan Governor Kazuo Ueda, who failed to provide clear guidance on rates ahead of the next meeting. Ueda noted that the regulator must balance rising inflation against […]The post USD/JPY in Positive Territory: Yen Erases All Weekly Gains appeared first on ActionForex.