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USD/JPY drifts lower to near 155.05 on Fed rate cut expectations, US PCE inflation data in focus

The USD/JPY pair remains weak near 155.05 during the early Asian session on Friday. Rising bets for a rate cut by the US Federal Reserve (Fed) next week and weaker US economic data weigh on the US Dollar (USD) against the Japanese Yen (JPY).

Published by: John Matthews's avatar John Matthews