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FX Desk

Japanese Yen comes under pressure as US PPI data boost US Dollar

Japanese Yen comes under pressure as US PPI data boost US Dollar

USD/JPY advances to around 154.15 on Thursday at the time of writing, up 0.40% on the day. The pair benefits from a rebound in the US Dollar (USD), supported by US data showing accelerating producer price pressures and a still-resilient labor market.

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