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USD/JPY: Bullish Case Eroding as US Economic Data Disappoints /
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2024-05-28 20:59:01

USD/JPY: Bullish Case Eroding as US Economic Data Disappoints on Nostr: Dollar Strengthens as US Treasury Yields Rise, Boosting Investor Confidence ...

Dollar Strengthens as US Treasury Yields Rise, Boosting Investor Confidence
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#e140b6a8 ver:0.58

The US dollar strengthens as US Treasury yields rise, boosting investor confidence. The dollar index reaches a four-week high, reflecting stronger economic data and higher yields. The focus is on upcoming inflation data from the US and eurozone, which could impact central bank monetary policies. The yen faces pressure from falling inflation rates and robust US economic data. Business activity in Japan expands, but inflationary pressures moderate, casting doubt on further rate hikes. USD/JPY continues to drift higher, supported by improved risk appetite and yield differentials. #USD #economy #inflation #monetarypolicy #yen...

#newstr #Dollar #UsTreasuryYields #EconomicData #Inflation #EuropeanCentralBank #Japan #FederalReserve

https://here.news/story/e140b6a8?ver=0.58
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