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USD/JPY. Analysis and Forecast
Today, amid comments from Japanese government
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Today, amid comments from Japanese government authorities, the Japanese yen is attempting to attract some buyers.These comments have fueled speculation about possible government intervention. Expectations that stronger domestic inflation could give the Bank of Japan room to raise interest rates are also supporting the yen. Additionally, a modest pullback in the U.S. dollar puts some downward pressure on the USD/JPY pair.However, there are growing hopes that the Bank of Japan will refrain from raising rates this year, given the uncertainty
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Irina Yanina,
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