USD/JPY has popped well above its Thursday high, to a 3 week high around 145.50 and change.
We had data earlier from Japan:
- Tokyo area September inflation data: Headline 2.2% y/y (expected 2.2%)
- USD/JPY sitting around its recent high circa 145.05 after the Tokyo inflation data
And rate cuts from China:
Yen weaker:
This article was written by Eamonn Sheridan at www.forexlive.com.
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