USD/JPY Weekly Outlook: Yen shorts cleansed as US inflation takes over

USD/JPY heads into the week with yen shorts far less stretched than before the intervention episode of late July, reducing positioning risk. The key event this week is US inflation, which could materially shift expectations for Fed hikes over the next 12 months.

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Source: Forexcom

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Category Forex

Source Forexcom

Published 1 month ago

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News ID #3,699

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