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USD/JPY. Price Analysis and Forecast
The USD/JPY pair has paused its
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The USD/JPY pair has paused its decline, and the Japanese yen has stopped its rise after the release of softer consumer inflation data in Tokyo. A government report published today showed that the headline Consumer Price Index (CPI) in Tokyo, Japan's capital, slowed from 1.5% in the previous month to 1.4% in March, marking the lowest level since March 2022. The core indicator, which excludes volatile fresh food prices, also declined in March—to 1.7% from 1.8% in February. Additionally, the
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Irina Yanina,
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