USD/JPY Plummets After Speculation of FX Intervention
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#191fec04 ver:0.72

The USD/JPY pair is facing downward pressure as the US Dollar weakens and the Japanese Yen receives support from Japan's trade balance and safe-haven inflows. Traders are anticipating Japan's National Consumer Price Index data, while the Federal Reserve's stance on interest rates counterbalances the pressure. Speculation of FX intervention by Japanese authorities is also impacting the pair. The Bank of Japan's monetary policy decision and US GDP numbers will be key factors to watch. #USDJPY #forex #inflation #FXintervention...

#newstr #Usd/jpy #FxIntervention #BankOfJapan #GoldenWeek #InterestRates 

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