USD/JPY Breaches 159 as US Dollar Rallies, Japanese Disinflation Deepens

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The USD/JPY pair continues its ascent, hitting the 159 level on Friday. The Japanese Yen (JPY) is weakening due to softer inflation data, while the US Dollar (USD) is gaining momentum on rising US Treasury yields and hawkish Fed commentary. With the pair now nearing the intervention zone, where Japanese authorities previously stepped in to […]