I’ve posted on the Tokyo inflation data earlier today a couple of times. It came in at levels high enough to boost market assessment of a Bank of Japan rate hike at its December 18-19 meeting.
Summary here:
USD/JPY has dropped back under 150.00 since I posted the wrap and has hit its lowest ina month:
This article was written by Eamonn Sheridan at www.forexlive.com.
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