USD/JPY Nears Breakout Amid Trade Talks and Fed Outlook
TL;DR Summary
The USD/JPY currency pair is approaching a breakout point influenced by US-China trade negotiations, potential tariff reductions, and economic data. Positive trade developments and dovish US Federal Reserve policies could push the pair toward 155, while hawkish Bank of Japan rhetoric and weaker US data might bring it down to 150.
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- Japanese Yen weakens to near 153.00 on potential US-China trade deal FXStreet
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