GBP/JPY Rebounds, Positive Risk Tone Supports Momentum Amid USDJPY's Rise on Nostr: USD/JPY Consolidates Near Two-Month Top, Risk of Intervention Looms =============== ...

USD/JPY Consolidates Near Two-Month Top, Risk of Intervention Looms
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#7b7dea38 ver:0.1

The USD/JPY pair consolidates near a two-month top, with fears of intervention by Japanese authorities or the Bank of Japan (BoJ) capping the upside. The GBP/JPY pair rebounds, supported by positive risk tone and hopes for a ceasefire in the Middle East. Traders await US PCE Price Index data and monitor BoJ views. The USDJPY pair gains momentum despite soft US economic data, while the GBP/JPY pair faces resistance from the BoJ's hawkish tilt. The near-term outlook for both pairs is influenced by market risk appetite, investor sentiment, and geopolitical developments. #forex #USDJPY #GBPJPY...

#newstr #Usd/jpy #Intervention #Risk #Consolidation

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