Day: March 29, 2024

USD/JPY Dips Slightly on Expected Core PCE Cooling

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The USD/JPY pair registered minor losses after the release of the US Core Personal Consumption Expenditure (PCE) price index, the Fed’s favored measure of inflation. Prices continued their downward trend, albeit at a slower pace, with the pair currently trading at 151.25, down 0.09%. The US Bureau of Economic Analysis (BEA) revealed a lower-than-anticipated Core […]

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