More tightening measures expected from Japan

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As the Bank of Japan loosened bond yield control last year, Mitrade anticipated further tightening from the central bank, including a possible rate hike on Wednesday. Meanwhile, USD/JPY plunged over 140 pips to 127.88, and USD/CAD increased to 1.3396.

EUR/USD rebounded from 1.0793 to close at 1.0828 with an 18-pip loss. GBP/USD added 26 pips to 1.2226, and AUD/USD traded slightly higher to 0.6976.

Spot gold climbed above the $1,900 level to $1,920.13 an ounce. WTI oil futures rose past $80 to $80.11 a barrel, and Bitcoin continued to rise steadily, last traded at $21,159.0.

Before reopening on Tuesday, the Nasdaq was up 81 points to 11,541. The S&P rose 15 points to 3,999, and the Dow rose 112 points to 34,302.
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