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USD/JPY. Price Analysis and Forecast
The USD/JPY pair continues to gradually
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The USD/JPY pair continues to gradually recover after dropping below the 158.00 level—its lowest point in nearly three weeks—and is showing positive momentum on Thursday. Spot prices are currently approaching the 159.00 level, supported by several factors.Market participants remain skeptical about the reliability of the fragile ceasefire between the United States and Iran after Israel launched a large-scale offensive in Lebanon. Additional reports suggest that Iran is considering withdrawing from the ceasefire agreement, claiming that Israel has violated its terms.
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