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EUR/USD, EUR/JPY, and USD/JPY are facing pressure following comments from BoJ"s Ueda, who anticipates increased wage-driven inflation as the economy improves, though he did not specify a timeline for adjustments. EUR/USD is hovering above its two-year support zone, with potential downside targets at $1.0449 and $1.0423. Meanwhile, USD/JPY is consolidating around ¥153.88 after approaching its late May high, with support levels noted at ¥153.19 and ¥151.82.
Ueda's comments
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boJ comments pressure euro and dollar pairs amid inflation concerns
22:19 18.11.2024
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