USD/JPY Gains Ground as Market Favouring Risk Appetite

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The USD/JPY pair climbed to 148.00 on Wednesday, with the yen relinquishing its earlier gains as a rally in global risk assets dampened demand for the safe-haven currency. The move followed the release of US inflation data, which bolstered expectations of a Federal Reserve rate cut next month. In Japan, manufacturing sentiment improved for the […]The post USD/JPY Gains Ground as Market Favouring Risk Appetite appeared first on Action Forex.