USD/JPY Price Forecast: Steadies below 147.50 as traders await fresh catalyst

The USD/JPY holds steady below the 147.50 figure yet posts a minuscule loss of 0.02% as traders market participants priced in a Fed rate cut at the September meeting.
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USD/CAD posts modest losses near 1.3800 amid jumbo Fed rate cut bets

The USD/CAD pair trades in negative territory near 1.3800 during the early Asian session on Tuesday. Investors continued to assess the latest US Nonfarm Payrolls (NFP) report, while expectations of extra rate cuts by the Federal Reserve (Fed) keep the Greenback under scrutiny.
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