USD/JPY

Japanese yen eyes wage data

Japanese yen eyes wage data

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The yen has edged higher on Wednesday. In the European session, USD/JPY is trading at 158.33, up 0.19% on the day. Japan’s consumer confidence for December data showed a slight decline, falling to 36.2 from 36.4 in November. This missed the market estimate of 36.4 as consumers remain in a pessimistic mood about economic conditions. […]

USD/JPY Price Analysis: Yen Recovers as Intervention Fears Rise

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Japan’s Finance Minister, Katsunobu Kato, warned traders against selling the yen. The USD/JPY pair is quickly approaching the pivotal 160.00 level. This week, the US will release its crucial nonfarm payrolls report. The USD/JPY price analysis shows some relief for the yen amid renewed warnings against excessive declines. Japan’s top officials are becoming increasingly concerned

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