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Market Report for HUBFX: USD/JPY Breaks Higher Through Key Moving Averages

September 17, 2024/

September 17, 2024 The USD/JPY pair surged above the critical 100-hour moving average (MA) today, marking a notable shift in market sentiment as the US dollar strengthened against the Japanese yen. This move was driven by better-than-expected US economic data, including robust retail sales and industrial production figures, which provided...