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💹TD FX Strategy Re-Enters Long USD/JPY, T:125.00/SL:118.30

TD Securities FX Strategists:

  • Rate differentials favour USD appreciation vs the JPY after Powell opened the door to a 50bps

  • dollar-yen spot working as the cleanest expression of USD/Fed and ToT risks

  • Re-Enters Long USD/JPY, T:125.00/SL:118.30


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