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USD/JPY Faces Challenges as US Economic Data Weakens /
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2024-06-05 04:54:56

USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: Japanese Yen depreciates due to investors’ caution ahead of US data =============== ...

Japanese Yen depreciates due to investors’ caution ahead of US data
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#a73498e0 ver:0.43

Investors' caution ahead of US data causes the Japanese Yen to depreciate. Rising possibility of a Fed rate cut in September puts pressure on the US Dollar. Interest rate differential and weak Yen pose challenges for Japan. USD/JPY pair trades around 155.50. Bank of Japan's moves and bond yield differential influence the Yen. #Forex #USDJPY #Fed #BOJ...

#newstr #JapaneseYen #UsData #Investors'Caution #InterestRateDifferential #BankOfJapan #UsDollar #FedRateCut #UsAdpEmploymentChange #IsmPmi #LaborCashEarnings

https://here.news/story/a73498e0?ver=0.43
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