USD/JPY Consolidates Near 161.50 Ahead of US Inflation Data
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#7b7dea38 ver:0.27

The USD/JPY pair consolidates near 161.50 as investors await US inflation data. The yen remains weak despite speculation of intervention and uncertainty over Bank of Japan policy. The USD faces selling pressure as Fed Chair Powell says US economic growth has lost momentum. Traders are focused on possible FX intervention from the BoJ. Technical analysis suggests USD/JPY could reach 162.00 before a correction to 158.80 and another growth phase targeting 163.30. #USDJPY #inflation #FXintervention...

#newstr #Usd/jpy #UsInflation #Fed #JapaneseYen 

 https://here.news/story/7b7dea38?ver=0.27