Dollar approaches year high as yen slips on pre-Fed data
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#191fec04 ver:0.77

The US dollar is approaching a year high against the yen, as the yen slips due to pre-Fed data. The Japanese yen may have received support from Japan's trade balance shifting to a surplus in March, but safe-haven inflows and geopolitical tensions in the Middle East are strengthening the yen. Traders are anticipating Japan's National Consumer Price Index data, while the Federal Reserve's interest rate expectations counterbalance the downward pressure on the USD/JPY pair. Intervention threats and the Bank of Japan's monetary policy decision are also being closely watched. #USDJPY #forex #inflation #Fed...

#newstr #Dollar #Yen #FederalReserve #UsEconomy #Inflation #InterestRates 

 https://here.news/story/191fec04?ver=0.77