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USD/JPY: Analysis and Forecast
The USD/JPY currency pair is showing
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The USD/JPY currency pair is showing active downward movement, dropping to the 153.00 level, marking its lowest point since December amid expectations of hawkish monetary policy from the Bank of Japan.A strong increase in nominal wages in Japan for December, rising by 4.8%, along with a 3.6% increase in real wages for the second consecutive month, has fueled expectations for further interest rate hikes in the country.Additionally, data from S&P Global Market Intelligence on service sector activity reinforces growing optimism
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