144.00 USD/JPY hits after mixed US PMI data, BoJ governor hints less aggressive policy.

The USD/JPY currency pair climbed above 144.00 following mixed US preliminary S&P Global PMI data. The US Services PMI exceeded expectations, while Manufacturing PMI fell. This data bolstered the US Dollar as the Bank of Japan's Governor Ueda indicated a less aggressive monetary policy. As the yen weakened, key economic indicators will be closely monitored for potential shifts in interest rates and market sentiment.

September 23, 2024
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