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Data compiled by Woofun AI shows that the USD/JPY exchange rate experienced a notable short-term correction on June 22. The pair retreated by more than 40 pips, resulting in a 0.1% intraday decline that pushed the rate to a low of 161.07.
This downward movement highlights immediate volatility within the major currency pair, suggesting temporary shifts in market positioning for the US Dollar against the Japanese Yen.