Friday , 22 November 2024
Home Forex USD/JPY dropped back to 154.00 (under) after above target CPI data and stimulus pack news
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USD/JPY dropped back to 154.00 (under) after above target CPI data and stimulus pack news

Updating USD/JPY after the inflation data:

All three measures were above the bojj2% target, which keeps a December rate hike from the Bank on the simmer.

Also yen supportive was:

This article was written by Eamonn Sheridan at www.forexlive.com.

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