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USD/JPY Price Analysis: Trimmed Rate Cut Bets Boost Dollar
Traders reduced their expectations of immediate US interest rate cuts. The dollar benefited from its safe-haven status due to US debt ceiling uncertainties. Japan’s economy grew 1.6% annually in the January-March period. Today’s USD/JPY price analysis is bullish. The dollar rose as traders reduced their expectations of immediate US interest rate cuts due to robust … Continued The post USD/JPY Price Analysis: Trimmed Rate Cut Bets Boost Dollar appeared first on Forex Crunch...
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Posted: May 17 2023, 08:22
Author Name: forexcrunch
Views: 102214