USD/JPY turns quickly lower as US dollar weakness spreads

Not so much as risk trade as it is a dollar dump

The one corner of USD strength today has collapsed as USD/JPY has quickly given back all its gains in a drop to 109.74 from 110.14 a short time ago.

The market looks to be changing its tune on Jackson Hole as the potential for a hawkish Fed fades.

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August 24, 2021 at 01:30AM
Adam Button
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