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Japan Reports Trade Deficit as Weak Yen Lifts Costs of Imports: Implications for Indian Trade /
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2024-06-27 00:59:11

Japan Reports Trade Deficit as Weak Yen Lifts Costs of Imports: Implications for Indian Trade on Nostr: The relentless impact of the US Federal Reserve on global markets and the yen's ...

The relentless impact of the US Federal Reserve on global markets and the yen's plunge
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#56764ea7 ver:0.47

The Japanese yen continues to plummet against the US dollar due to the US Federal Reserve's impact on global markets. Efforts to prop up the yen have failed, and further intervention is unlikely to be effective. The disparity in interest rates between Japan and the US is the main driver of the yen's weakness. The next catalyst for the yen is the US inflation gauge, which could influence the Fed's decision to lower borrowing costs. The yen's slide highlights the Fed's dominance in global markets. #USD #Fed #yen #globalmarkets...

#newstr #JapaneseYen #UsFederalReserve #GlobalMarkets #Intervention #InterestRates #FederalReserve #PceData #UsInflation #BankOfJapan

https://here.news/story/56764ea7?ver=0.47
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