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January 10, 2025

USD/JPY Ready for Movement: Will the NFP Change the Game?

The US Dollar shows robust performance above 155.00 against the Japanese Yen. The USD/JPY pair recently climbed past crucial resistance levels of 156.50 and 157.00, only to face a minor pullback. Market participants are eager to see how the upcoming Non-Farm Payroll (NFP) report will influence this pair. A strong report could propel the USD/JPY further upward, while a weak reading might reverse the recent gains.

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