GBP/JPY Rebounds, Positive Risk Tone Supports Momentum Amid USDJPY's Rise on Nostr: USD/JPY Forecast: Strong Tankan Index and US Housing Data to Influence Yen ...

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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