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USD/JPY Outlook: Yen Bulls Applaud a Decline in US Inflation

USD/JPY Outlook: Yen Bulls Applaud a Decline in US Inflation
Japanese bond yields surpassed the central bank’s target. The yen has increased by 6% in slightly more than three weeks. The US consumer price index dropped to 6.5% in December. Today’s USD/JPY outlook is bearish. On Friday, the yen gained as investors applauded a decline in US inflation, reaching a seven-month high. Japanese bond yields … Continued The post USD/JPY Outlook: Yen Bulls Applaud a Decline in US Inflation appeared first on Forex Crunch... Read More
Posted: Jan 13 2023, 07:17
Author Name: forexcrunch
Views: 110613

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