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USD/JPY Outlook: Japan’s Producer Prices Slowdown in Apr
Japan’s wholesale inflation decelerated for the fourth consecutive month in April. Lower producer prices in Japan indicate a potential easing of consumer inflation. Japan’s core consumer inflation surged to 3.1% in March. Today’s USD/JPY outlook is bullish. On Monday, data revealed Japan’s wholesale inflation decelerated for the fourth consecutive month in April. This drop was … Continued The post USD/JPY Outlook: Japan’s Producer Prices Slowdown in Apr appeared first on Forex Crunch...
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Posted: May 15 2023, 10:17
Author Name: forexcrunch
Views: 110532