If you expect the Fed to follow the ECB, you better take long positions of USD / JPY. At the moment, the long "boil and boil," as the course rises to a two-week high, reaching 108.55. Reducing interest rates next week is almost certain to happen on the part of the Fed. The question is whether there will be further downs and at this point the FED has no reason to pre-announce anything.
The price managed to keep above the key level of 108, and the next upward step is now 109. Breakthrough there and confirmation will give additional boost to the price.
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