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Japanese Yen struggles amid elevated Oil prices and wide rate differentials

USD/JPY edges higher as the Japanese Yen underperforms peers amid stronger-than-expected US economic data, volatile oil prices from US-Iran headlines, and US midterm elections.

Original · FXStreet AI summary of public reporting

Why: Elevated oil prices and wide rate differentials pressure JPY

JPY

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Prices since publication

At publication → Current
JPY158.38 → 158.40+0.0%
CL95.94 → 96.04+0.1%
Japanese Yen struggles amid elevated Oil prices and wide rate differentials | SignalHub