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USD/JPY moves lower around 147.70 to snap the winning streak, central banks decisions eyed
USD/JPY kicks off the week with an attempt to halt the winning streak, trading lower around 147.70 during the early trading hours of the Asian session on Monday. However, US Dollar (USD) is experiencing selling pressure after the downbeat consumer sentiment data from the United States (US) released on Friday. Preliminary Michigan Consumer Sentiment Index printed a reading of 67.7 against the previous 69.5 figure, which was expected 69.1 reading in September. Even so, US Dollar Index (DXY), which measures the performance of the Greenback against the six other major currencies, closed its ninth week with gaining of ... (full story)