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USD/JPY falls to fresh monthly low

The USD/JPY pair breaks below mid-157.00s support and hits a fresh monthly low in early European trading as the Japanese Yen pulls back after reaching a fresh monthly high against a broadly weaker USD.

Original · FXStreet AI summary of public reporting

Why: USD weakness drives JPY higher

JPY

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At publication → Current
JPY157.17 → 156.96−0.1%
USD/JPY falls to fresh monthly low | SignalHub