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USD/JPY Under Pressure as BOJ September Rate Hike Bets Surge to 82%

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The Story

News Summary

  • The Japanese yen traded near 158.9 per dollar as surging expectations for a September Bank of Japan rate hike bolstered the currency.
  • Rising domestic inflation and broad US dollar weakness driven by Treasury long-term bond buyback concerns continue to apply downward pressure on USD/JPY.
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Stored market data

USDJPY price history

154.02 -1.17% over the displayed period

Advisor Snapshot

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