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Japan Merchandise Trade Balance Total came in at ¥-242.5B, above expectations (¥-513.6B) in August

USD/JPY tumbles below 146.50, all eyes on Fed rate decision

The USD/JPY pair remains under some selling pressure around 146.45 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Japanese Yen (JPY) as investors continue to assess the likelihood of extra interest rate cuts by the Federal Reserve (Fed) in the next few months.
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Japan Exports (YoY) came in at -0.1%, above forecasts (-1.9%) in August

Japan Exports (YoY) came in at -0.1%, above forecasts (-1.9%) in August
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