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- USD/JPY trades neutral at the 145.55 area after hitting a low of 145.10.
- US Retail Sales came in strong, and the markets bet on a hike by the Fed in November.
- Monetary Policies divergences weight on the JPY which couldn’t benefit from robust GDP data.
On Tuesday, the USD/JPY traded flat while the USD seemed to consolidate. On the other hand, the JPY continues to trade vulnerable amid the extreme dovish stance of the Bank of Japan (BoJ) and monetary policy divergence between its peers.
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