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Published: 2024-12-16T01:18:24.000Z

USD/JPY flows: Mixed PMIs

byCephas Kin Long Yung

FX Analyst
1

Mixed PMIs drove USD/JPY higher

The latest PMI for Japan came in mixed but still shows improvement. Manufacturing PMI remain in contraction at 49.5 while service expands further to 51.4. However, the key remains from this week's BoJ and Fed decision and se USD/JPY currently challenging the 154 figure at 153.74, up 0.1% for the session.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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