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Forex Daily

BoJ Minutes Suggest a July Rate Hike is not out of the Question, Yen Unchanged

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

Markets Week Ahead: US Data, Nasdaq 100, US Dollar and Gold

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.

British Pound (GBP) Latest – Sterling Continues to Slide After Dovish BoE Turn

Sterling continues to slip lower going into the weekend as UK bond yields post fresh multi-week lows.

Japanese CPI Data Mixed as Yen Continues Steady Decline

Japanese CPI data shows mixed results as yen continues to decline despite rising JGB yields. USD/JPY approaches 160, raising intervention concerns

USD/JPY Eyes 160 Mark Amid Steady Yen Depreciation

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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