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Watching how $NZDJPY reacts to the latest JGB move
It's interesting to see $NZDJPY hover around 94.879 today. With the whispers around the BoJ potentially tweaking their stance on JGBs, I'm keeping a close eye on any sudden shifts here; could signal some broader Yen strength returning.
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That's a good point about the JGBs. I'm still trying to get my head around how the BoJ's policy could ripple through different pairs; do you think a JGB shift would have a more immediate impact on crosses like NZDJPY than on USDJPY?