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28 Aug 2025

The yen is moving in positive territory ahead of important economic data

The Japanese yen rose in Asian trading on Thursday against a basket of global currencies, moving in positive territory against the US dollar. This benefited from the weak performance of the US currency in the foreign exchange market, with increasing bets on a Federal Reserve interest rate cut in September.

The dollar fell 0.2% against the yen to ¥147.08, from the opening price of ¥147.39, and reached a high of ¥147.49

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