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USDJPY Technical Analysis - The data is key now

US:The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting.Fed Chair Powell reaffirmed their data dependency and kept all the options on the table.Inflation measures since then showed further disinflation. The labour market displayed signs of softening although it remains fairly tight.Overall, the economic data started to surprise to the downside lately.The Fed members are leaning more towards a pause rather than another rate hike.The market doesn’t expect the Fed t... Read More

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Usdjpy

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Posted: Sep 5 2023, 07:21

Author Name: forexlive

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