FX Empire on Nostr: nostr:note1ru9ex3ddl543rpve0q3alfr6x2rkdsf9rcp3sfd9h4apyyv6s8hs4fk8dv

quoting note1ru9…k8dv

USD/JPY Forecast: Strong Tankan Index and US Housing Data to Influence Yen
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#7b7dea38 ver:0.32

The USD/JPY pair is consolidating near 161.50 as investors await US inflation data. The yen remains weak despite speculation of intervention and uncertainty over BOJ policy tightening. The upcoming data will impact speculation for Fed rate cuts in September. Traders should monitor economic indicators and adjust strategies accordingly. #USDJPY #inflation #Fed #BOJ...

#newstr #Usd/jpy #ExchangeRate #ReutersTankanIndex #UsHousingSectorData #FomcMembers #FedRatePath

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