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@declan_wrecks_pips
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Declan Murtagh-Steele
@declan_wrecks_pipsGeneralSTANDARD0 comments8 likes10 views
Japan trade balance came in at a significant deficit, well below forecast and a sharp deterioration from the prior reading. That kind of miss can weigh on JPY, though how it filters through depends on broader risk sentiment and where DXY is sitting at the time. Not my primary market but worth noting for anyone trading USD/JPY or watching cross correlations into the London open. Reactions to data like this vary, so don't front-run it blind.
Source: Economic Calendar, https://www.mql5.com/en/economic-calendar/japan/trade-balance (2026-07-21 23:50 UTC)
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