USD/JPY attracts some buyers during the Asian session on Thursday and now seems to have snapped a four-day losing streak to a two-week low set the previous day amid a recovering US Dollar. Furthermore, receding safe-haven demand undermines the Japanese Yen and supports the pair. However, the divergent Fed-BoJ expectations, concerns about the US government shutdown, and rising geopolitical tensions could benefit the JPY’s safe-haven status, which, in turn, could cap spot prices.
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