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USD/JPY stages a comeback. What the market is watching

USD/JPY stages a comeback. What the market is watching
The US dollar has battled back today as better economic data pushes back against the idea the economy is rapidly slowing. USD/JPY is still lower on the day -- down 20 pips -- but has rebounded to 146.05 from 145.64. It's part of a broader bid in the US dollar since the PCE report today and other data showed a resilient economy.In the bigger picture, the market is volatile at the moment as it struggles to get a grasp on the health of the US economy. Data earlier this week was soft and weighed hea... Read More
Posted: Aug 31 2023, 14:18
Author Name: forexlive
Views: 111627

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