USD recovering some ground, USD/JPY on approach to its Tuesday US time high

  • No fresh news of note

The USD is adding on points pretty much across the majors board.

I was going to blame the AUD/USD fall on the retail sales data, which, at the margin, adds to the case for an RBA rate cuit next week. Its playing a role but the broader move is a higher USD anyway.

Apart from what has already boon posted there is no fresh news nor data.

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USD/JPY update:

usdyen 02 July 2025 2
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