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Back Fundamental analysis
Yen Continues to Target Further Strengthening
The dollar received a significant boost
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The dollar received a significant boost on Thursday following the release of the second GDP estimate for Q4, which reported an economic growth rate of 2.3%. While this figure was expected, the price index was revised upward from 2.2% to 2.4%. Additionally, the Personal Consumption Expenditures (PCE) index, which reflects the growth of personal consumption expenditures in both core and overall terms, showed an increase. This latter development raises questions about easing inflationary pressures, but consumer demand remains robust. The
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Kuvat Raharjo,
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