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USD/JPY: Scope for a substantial rise to 116.30 over the coming week – Citibank

FXStreet.com
 2022-01-21

Cover picture for the articleUSD/JPY is trading below 114.00 and remains on track to close the second straight week in the negative territory. However, economists at Citibank expect the pair to retest 116.30 next week given expectations for a hawkish FOMC meeting. “Market now prices in >1 hike for March FOMC and >4...

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