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USD/JPY turned lower, amid pullback in UST yields and USD. Bessent relief is the latest trigger behind the USD pullback. Pair was last at 154.41 levels, OCBC’s FX analysts Frances Cheung and ...
By Sep 16, the USDJPY had dipped to 140.278, briefly erasing all its 2024 gains. This marked a key inflection point as the pair rebounded sharply in subsequent weeks, supported by renewed demand and ...
Fed rate cut expectations continued to fade, keeping a lid on longer-term US bond yields which is limiting USD/JPY upside. Key events next week include the PCE report, GDP revision, and FOMC minutes, ...
USD/JPY traders eye Japan’s inflation and U.S. PCE data this week. BoJ hike bets or Fed signals could drive key moves below 153.5 or above 156.
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