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Japanese Yen weakens against USD amid tepid real wages, imported inflation

Started by forex4you, Jun 18, 2024, 05:24 am

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Japanese Yen weakens against USD amid tepid real wages, imported inflation

The Japanese Yen (JPY) trades lower by about a third of a percent against the US Dollar (USD), in the 157.80s on Monday, as the outlook for interest rates in the US remains elevated despite lower inflation and economic sentiment readings.

Source: Japanese Yen weakens against USD amid tepid real wages, imported inflation
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