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USD/JPY Momentum Wavers Amid Rising US Inflation

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USD JPY
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The USD/JPY currency pair may be losing momentum as U.S. inflation accelerates.

According to Moomoo, this acceleration warrants caution regarding potential currency intervention that could cap further gains for the pair.

While there are no specific figures or targets mentioned in the report, it suggests that market participants should exercise caution when dealing with the USD/JPY exchange rate.

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