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USDJPY Teeters Near 160 as Traders Await Retail Sales and Crucial Fed Decision

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The Story

News Summary

  • US retail sales for May are expected to rise 0.5%, providing a key consumer health check.
  • However, major market moves may be limited ahead of the afternoon FOMC decision and press conference, alongside intervention risks for USD/JPY near the 160.30 level.
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Stored market data

USDJPY price history

155.34 -0.29% over the displayed period

Advisor Snapshot

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