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USD/JPY Steady as Japanese Economy Contracts

19

The Japanese yen climbed as much as 0.85% earlier on Thursday but has pared most of those gains. USD/JPY is trading at 155.38, up 0.31% in the European session. Japan’s economy contracted in the first quarter. GDP declined by 2% y/y in the first quarter, following a revised 0% reading in Q4 2023. This was […]

The post USD/JPY Steady as Japanese Economy Contracts appeared first on Action Forex.

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