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The USD/JPY exchange rate is forecasted to favor the US dollar against the Japanese yen, potentially continuing a trend of yen weakness. Technical analysis suggests similar movements for EUR/USD, AUD/USD, with the euro and Australian dollar also expected to face headwinds against the strengthening US dollar. Specifically, on May 10, 2024, 1 Japanese yen is predicted to convert to a lower value in US dollars, reflecting the general outlook of yen depreciation against the US dollar.

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