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USD/JPY down from YTD peak

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Hello dear traders! now the USDJPY pair selling price is increasing as it nears 147.70 level and is hitting the highest level since the beginning of the year

It looks like USD/JPY has been mixed for three days in a row. However, this currency pair still faces many challenges due to expectations that the Fed will maintain higher interest rates in the near future, which makes it difficult for them during this time.
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Good luck traders

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