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USD/JPY Faces Challenges as US Economic Data Weakens /
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2024-06-04 01:02:41

USD/JPY Faces Challenges as US Economic Data Weakens on Nostr: USD/JPY Faces Challenges as US Economic Data Weakens =============== #a73498e0 ...

USD/JPY Faces Challenges as US Economic Data Weakens
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#a73498e0 ver:0.41

The USD/JPY pair faces challenges as US economic data weakens, with narrowing yield differentials and concerns about the US economy putting downward pressure. The upcoming ISM services PMI report will be crucial in determining the next move. Investors should also monitor Bank of Japan views on inflation and interest rates, as well as the 10-year JGB auction. Weaker capital spending and labor market conditions could impact the pair. Near-term trends will hinge on service sector PMI and US Jobs Report. #USDJPY #economy #forex...

#newstr #Usd/jpy #UsEconomicData #YieldDifferentials #IsmServicesPmi #BankOfJapan #JgbAuction #LaborMarket #FactoryOrders

https://here.news/story/a73498e0?ver=0.41
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