USD/JPY Holds Firm: Yen Loses Some Support

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USD/JPY stood at 158.39 on Friday, with the Japanese yen giving back some of the gains made following the joint intervention by Tokyo and Washington. The renewed weakness has once again raised expectations of possible further action by the authorities. The pullback has highlighted that currency interventions alone are insufficient to address the fundamental drivers […]The post USD/JPY Holds Firm: Yen Loses Some Support appeared first on ActionForex.