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USD/JPY ON THE HIGH END ABOVE 150.40 AS GREENBACK FINDS BIDDERS

amking
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  • USD/JPY rallied from an early Thursday dip.
  • The pair remains bolstered above 150.00 after US PMIs mixed.
  • Next week sees Japan CPI and US GDP, PCE figures.

USD/JPY dip and rallied on Thursday, etching in a low of 150.02 before recovering into the 150.60 region after US PMIs came in mixed but overall pointed to the upside. With the brunt of the week’s data releases out of the way, USD/JPY traders will be pivoting to look ahead to next week’s hefty economic calendar


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