USD/JPY. Analysis and Forecast
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For the second consecutive day, the Japanese yen continues to lose ground against the U.S. dollar. According to data released Friday by Japan's Statistics Bureau, annual consumer price growth slowed to 3.1% in July from 3.3% a month earlier. The core indicator, excluding fresh food prices, also fell—from 3.3% to 3.1%—reaching its lowest level since November 2024.Nevertheless, the figures slightly exceeded analysts' consensus forecast, which had expected a slowdown to 3%. Particular attention was drawn to the core CPI excluding
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