USD/JPY has retreated from its peak this week, settling at 146.82. The yen gained some strength as the US dollar weakened following July’s lacklustre US Producer Price Index (PPI) data. This report bolstered market expectations for a potential 50 basis point cut by the Federal Reserve at its upcoming September meeting. The focus now shifts […]
The post USD/JPY Sees Retreat Amid US Dollar Weakness appeared first on Action Forex.
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