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USD/JPY. Analysis and Forecast
The Japanese yen is holding near
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The Japanese yen is holding near the upper boundary of last week's range, close to the key 148.00 level. This is due to uncertainty regarding the timing of the Bank of Japan's next interest rate hike. At the end of its July meeting, the central bank left the door open for further policy normalization; however, concerns over the potential negative impact of possible U.S. tariffs on the domestic economy have tempered expectations for an immediate hike.Major Asian indices and U.S.
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Irina Yanina,
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