USDJPY Goes Parabolic – Could We See 1.10 Next Week?

Just yesterday, we asked whether a “Fed-Fueled Fire” could drive USDJPY to a new 6-year high above 107.40 (see below for more). As it turns out, the Fed dumped a proverbial gallon of lighter fluid on the fire, and the ensuing bullish inferno has propelled USDJPY more than 150 pips higher. With the…

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USDJPY Goes Parabolic – Could We See 1.10 Next Week?

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