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USD/JPY: Analysis and Forecast
The Japanese yen shows slight declines
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The Japanese yen shows slight declines in intraday trading against the US dollar. However, the USD/JPY pair lacks clear upward momentum and has been unable to build on Friday's rebound from the 155.00 level. The yen remains positively biased, trading near the multi-week high reached last Friday. An increase in Japan's core machinery orders for the second consecutive month indicates stabilization and further recovery in capital expenditures. Additionally, rising market expectations for the Bank of Japan to raise interest rates
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Irina Yanina,
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