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December 27, 2024

USD/JPY Retreats After Hitting July’s Peak: Key Insights

During US trading hours on Thursday, the USD/JPY pair reached a peak around 158.09, marking its highest level since mid-July. However, the pair has since corrected, pulling back toward 157.50.

This fluctuation reflects broader market trends and highlights the importance of monitoring global economic indicators. Traders should remain vigilant and prepared for swift market moves.

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