USD/JPY climbs confidently above 145.00 amid cautious market mood

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USD/JPY: Market participants will try pushing the pair up to 145 – MizuhoUSD/JPY fell in July. The pair is expected to move firmly in August, economists at Mizuho Bank report. Movements will cool off as overseas markets enter holiday mode. With interest rates facing upwards pressure on YCC flexibility while also being kept in check by special operations, investors will need to keep an eye on where 10-year interest rates end up actually settling.
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