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USDJPY: The USD holds steady as markets look for interest rate d

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
The US dollar remained broadly stable today as market participants await additional indicators to determine US interest rate developments. This period of anticipation follows recent cautious comments from US Federal Reserve (Fed) officials and signs that inflation may be easing.

The Japanese yen fell slightly at the start of the week, trading at 155.80 against the dollar. Investors are closely watching for any signs of potential government intervention, with the yen showing minimal volatility in recent days.

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