[MARKET UPDATE] Modest downside in USD/JPY, dipping from 156.32 to 156.16

The modest downside movement in USD/JPY, retreating from 156.32 to 156.16, suggests a potential recalibration in market sentiment or risk appetite.

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US Consumer Inflation Expectations (Apr) 3.6% (Prev. 3.4%)

NY Fed SCE April: 1yr ahead expected inflation 3.6% (prev. 3.4%), 3yr unchanged at 3.1%, 5yr unchanged at 3.0%

[MARKET UPDATE] Modest downside in USD/JPY, dipping from 156.32 to 156.16

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This shift may reflect changing monetary policy expectations or broader market dynamics, which could have implications for cross-asset flows, especially in equities and commodities.

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