The renewed yen depreciation led USD/JPY perilously close to the 160 mark after BoJ minutes mentioned the effect of currency weakness on a potential inflation overshoot
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The renewed yen depreciation led USD/JPY perilously close to the 160 mark after BoJ minutes mentioned the effect of currency weakness on a potential inflation overshoot
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The Nasdaq and S&P 500 continue to print new all-time highs, the US dollar is benefitting from weakness in the Euro and the British Pound, while the recovery in gold continues.
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Sterling continues to slip lower going into the weekend as UK bond yields post fresh multi-week lows.
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Japanese CPI data shows mixed results as yen continues to decline despite rising JGB yields. USD/JPY approaches 160, raising intervention concerns
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The yen continues its steady decline, approaching levels that triggered intervention in April. AUD/JPY and USD/JPY climb as bond yields offer no support
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