USD/JPY approaches November highs

USD/JPY has moved slightly higher at the beginning of the American session, posting fresh highs for the day as the dollar remains supported by increasing expectations the Fed will raise rates at its next meeting.
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US Core CPI showed inflation gradually firm, but enough for the FOMC? – Wells Fargo

According to economists from Wells Fargo today’s inflation data from the US showed gradual firm core CPI numbers that should boost Federal Reserve confidence.
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