USD/JPY rose to 160.52 on Thursday, marking its highest level since July 2024. The Japanese yen remains under significant pressure despite a notable acceleration in Japan’s producer price inflation. According to the latest data, Japan’s Producer Price Index (PPI) increased by 6.1% year-on-year in May, up from a revised 5.3% in April. The figure exceeded […]
The post USD/JPY Continues Its Climb: Is There a Limit? appeared first on ActionForex.
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