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USDJPY Hovers Near 160 as Market Awaits BOJ Policy Cues

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The Story

News Summary

  • The Japanese yen remains pressured near the 160 level against the dollar.
  • With sluggish capital spending and uncertainty surrounding potential Bank of Japan rate hikes, investors are bracing for Governor Ueda's upcoming remarks while monitoring for further currency intervention.
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Stored market data

USDJPY price history

153.49 -1.51% over the displayed period

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