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USD/JPY. Analysis and Forecast
Today, the Japanese yen attempts to
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Today, the Japanese yen attempts to attract new sellers following reports that the Bank of Japan, during its upcoming meeting next week, will maintain interest rates at current levels.Investors remain skeptical about the Bank of Japan's intention to further tighten its monetary policy, limiting yen purchases. Meanwhile, rising U.S. Treasury yields, supported by expectations that the Federal Reserve will adopt a cautious stance on rate cuts, are driving funds away from the Far Eastern currency.Additionally, the generally positive sentiment in
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