USD/JPY droops back towards key technical level, lower yields also weighing ...Middle East

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USD/JPY droops back towards key technical level, lower yields also weighing
The post-BOJ bounce sure did not last long as the pair fails to push above the 145.00 mark before the latest retreat. The drop now sees the pair fall to 142.90 and closes in on the 200-day moving average (blue line) at 142.70. A drop below the key technical level will see sellers resume a more bearish bias in search for further downside momentum.The Japanese government has made it quite explicit that they are aligned with the BOJ in waiting on next year's spring wage negotiations before a potential policy pivot. The recent headlines have confirmed that and there is one more today as well here. As such, it's now really just a race against the clock for the Japanese central bank.Adding to the

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