Friday , 29 November 2024
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USD/JPY hitting a one-month low under 149.80

I’ve posted on the Tokyo inflation data earlier today a couple of times. It came in at levels high enough to boost market assessment of a Bank of Japan rate hike at its December 18-19 meeting.

Summary here:

USD/JPY has dropped back under 150.00 since I posted the wrap and has hit its lowest ina month:

This article was written by Eamonn Sheridan at www.forexlive.com.

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