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USD/JPY Analysis: Downside Correction after CPI Led Rally

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Fed could raise interest rates again after robust US consumer price data. The yen has retreated towards the critical level of 150, which led to speculation about currency markets intervention. There was a slight increase in Japanese households’ price expectations. The dollar dropped slightly after its biggest daily gain since the month of March, which occurred on the day before ,…

The post USD/JPY price analysis: Downside correction after CPI-led rally appeared first on Forex Crunch.



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