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Fundamental Analysis Posted 1 hour ago

USD/JPY Breaks Higher on Fed Rate Hike Expectations, Oil Support

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USD/JPY climbed to 154.87 as the yen weakened for a second consecutive session. The dollar strengthens ahead of expected Federal Reserve rate increases, while elevated oil prices weigh on the yen by raising Japan's import costs. Markets await the Bank of Japan meeting outcome, with the pair biased higher pending policy clarity.
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