Usd Jpy Disappointing Japanese Inflation Youtube USD/JPY loses traction to near 14620 in Friday’s early Asian session Japan’s CPI inflation continued to rise in July, adding to expectations for another BoJ rate increase Fed’s Collins Two inflation indicators pointed to a deceleration in inflation in July BoJ Core CPI, which is closely monitored by the Bank of Japan, dropped to 18%, down from 21% in June and its lowest level
Usd Jpy Weakening Upstream Japanese Inflation Pressures Bad News For USD/JPY trends will hinge on the upcoming inflation figures from the US and comments from the BoJ A combination of hawkish comments from the BoJ and weaker US inflation could narrow the interest USD/JPY faces volatility as Japan’s trade data and BoJ policy guidance influence markets, while the Fed’s rate decision and projections drive future direction The ongoing USD/JPY pair has hurt hedge funds and other speculators who continue to be short the Japanese yen labour market and inflation Recent data showed that these numbers were moving USD/JPY slides sharply to near The confidence of market experts has increased due to inflation remaining above 2% for the past 21 months The Japanese Yen (JPY) is one of the world’s most
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