USD/JPY Eyes Monthly Low After Failing to Push Back Above 50-Day SMA - DailyFX

USD/JPY appears to be on track to test the monthly low (130.39) after struggling to push back above the 50-Day SMA (135.24).

Japanese Yen Talking Points USD/JPY trades to a fresh weekly low (131.73) following the slowdown in the US Consumer Price Index (CPI), and the exchange rate appears to be on track to test the monthl… [+3274 chars]

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