The Yen: Has the Trend Finally Been Broken?

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Currency interventions spooked speculators trading USDJPY. The likelihood of a Fed rate hike in 2026 continues to fall. The US dollar fell back to a two-month low after a sudden 0.6% decline in US retail sales in July, versus an expected 0.1% rise. This unwelcome surprise, coupled with a decline in the University of Michigan’s […]The post The Yen: Has the Trend Finally Been Broken? appeared first on ActionForex.