U.S. Economic Data Reaction: The USD/JPY pair's response to U.S. GDP and jobless claims data has showcased the currency's sensitivity to American economic health indicators.Central Bank Speculations: Futures markets are reflecting a near 50% chance of a March Fed rate cut, while BoJ rate hike expectations for April hover around 70%.Technical Consolidation: The USD/JPY has entered a consolidation phase, evidenced by its recent break outside of the 4-hour uptrend channel, signalling a potential reassessment of bullish momentum.Economic Drivers:Mixed Responses to U.S. Data: The initial rise in USD/JPY following above-forecast U.S. GDP figures was tempered by an unexpected increase in jobless cl
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