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DailyBubble News

ForexLive Asia-Pacific FX news wrap: USD/JPY surges in Asia response to FOMC 50bp rate cut – ForexLive

The USD/JPY pair surged in Asia in response to the FOMC’s decision to cut rates by 50bp. The market reacted strongly to the news, causing the USD to gain against the JPY. This move was seen as a significant development in the Forex market, with traders closely monitoring the situation. Overall, the decision by the FOMC had a notable impact on the currency pair during the Asian trading session.

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