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December 20, 2024

USD/JPY Hits New Highs Amid Ongoing Yen Weakness

The USD/JPY exchange rate continues its upward trajectory following significant actions from the Federal Reserve and a pause in rate adjustments from the Bank of Japan. Recent inflation data from Japan further supports the dollar’s strength against the yen. Investors are closely watching these developments as they could indicate further currency fluctuations in the near future.

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