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USD/JPY steadies as BoJ stays hawkish amid US tariff uncertainty, breakout above 148.50 eyed

Summary by FXStreet
The Japanese Yen (JPY) is holding steady near 148.00 against the US Dollar (USD) on Tuesday, pausing after a steep rise in the previous day. Despite the short pullback, the US Dollar remains resilient, supported by a temporary easing in US-China trade tensions.
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FXStreet broke the news in on Tuesday, May 13, 2025.
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