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Japanese Yen Looks to Consolidate Against the US Dollar After Making New Lows. Can USD/JPY Go Higher?

JAPANESE YEN, USD/JPY, US DOLLAR, US TREASURIES, HANG SENG, FED - TALKING POINTS: The Japanese Yen is caught between bullish momentum and resistance levels. APAC equity indices mostly moved slightly higher except for the Hang Seng Index. The US Dollar has gyrated to Treasury yield swings, will that drive USD/JPY? The Japanese Yen had little reaction to national CPI data released today. Headline CPI was a slight miss at 0.1% year on year against

MongiIG

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