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Japanese Yen underperforms despite signals of further BoJ tightening

USD/JPY holds firm on Tuesday as the Japanese Yen (JPY) trades on the defensive across the board. However, a softer US Dollar (USD), weighed down by a pullback in US Treasury yields, and intervention concerns around the 160 level limit the upside, keeping the pair range-bound.

Japanese Yen underperforms despite signals of further BoJ tightening

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