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💹 Options Imply to USD/JPY Range Of 140.5/147.50: Cable FX Macro

  • Options imply to a 73% probability that the dollar-yen rate will trade in a 700 pip range from 140.53 to 147.46 for the next week

  • Dollar-yen O/N implied volatility rises to the highest since June FOMC meeting as we head into Wednesday's decision following by the Bank of Japan

  • USD/JPY last price 144.06, up 0.23% on the day


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