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USD/JPY forecast as Japanese yen retreat resumes ahead of US NFP data

USD/JPY forecast as Japanese yen retreat resumes ahead of US NFP data

The Japanese yen resumed its downward trend as investors reflected on the recent interventions by the United States and the Bank of Japan. After plunging to 155.20 earlier this week, the USD/JPY pair rebounded to 158.41 as traders bought the dip ahead of the US nonfarm payrolls (NFP) data.
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