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Japanese Yen gathers strength as CPI inflation exceeds target, backing BoJ rate hikes

FXStreetJapan

Japanese Yen gathers strength as CPI inflation exceeds target, backing BoJ rate hikes

The USD/JPY pair remains under selling pressure to near 156.25 during the early Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) following hot Japan’s inflation report.

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