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13 Aug 2026 · 19:00 GMT+3
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Japanese Yen struggles despite soft US PPI, fading Fed rate-hike bets

The Japanese Yen (JPY) struggles to gain traction against the US Dollar (USD) on Thursday, even as the Greenback weakens modestly following softer-than-expected US Producer Price Index (PPI) data. The Yen strengthened immediately after the release, briefly pushing USD/JPY toward 159.

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