USD/JPY. Analysis and Forecast
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Today, Wednesday, the Japanese yen posted its second consecutive day of gains amid the general weakening of the U.S. dollar. However, further development of this move is limited by uncertainty over the timing of a possible interest rate hike by the Bank of Japan. Data released today show that wholesale inflation in Japan slowed for the fourth consecutive month in July. This, combined with domestic political instability and concerns about the potential negative effects of higher U.S. tariffs on the
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