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USD/JPY is back at last week's high already

USD/JPY is nudging back towards 156.00.

There is no fresh news of pertinence, it looks like another week of yen sellers chasing yield differentials is ahead.

There is plenty of fresh data due this week, so be nimble:

  • Weekly Market Outlook (13-17 May)
  • Newsquawk Week Ahead: Highlights include US CPI, US Retail Sales, UK and Australian Jobs
usdyen update 13 May 2024 2
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