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    USD/JPY: review and forecast on 15.07.2015

    During this week the price chart shows the weakening of the yen against the US currency. Yesterday, amid the negative US releases the yen rose slightly but soon returned to its previous level. Today, the main news comes from Japan where the Bank of Japan releases its Monetary Policy Statement. The level of Interest Rate and other monetary policy decisions as well as economic factors, which influenced them, are the main indicators that may shed light on further Central Bank policy measures. 

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