• USD/JPY rises up after GDP downgrade

    Source: Buzz FX / 01 Jul 2024 10:26:15   America/New_York


    The Japanese yen has dropped below the 161 line on Monday. The yen is trading at 161.39 early in the North American session, down 0.35% on the day.
    Japan’s GDP revised sharply lower
    Japan revised its first-quarter GDP report to -2.9%, y/y,
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