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USD/JPY Falls Over 30 Pips to 151.86 in Short-Term Trading

The currency pair saw a sharp intraday decline, moving over 30 pips lower before settling around 151.86.

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Terms & Concepts
  • Pip: The smallest unit of price movement in foreign exchange trading, commonly equal to 0.0001 for most currency pairs.
  • USD/JPY: A currency pair representing the exchange rate between the U.S. Dollar and Japanese Yen.