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Yen Rises on Persistent Inflation, Focus Turns to PMI Data and Canada’s Retail Sales

Yen Rises on Persistent Inflation, Focus Turns to PMI Data and Canada’s Retail Sales
Japanese Yen rose broadly in today’s Asian trading session following the release of CPI data, indicating inflation remains persistently above BoJ’s target. While it is still early for BoJ to make any changes to monetary policy, a case for a shift later this year is building. Meanwhile, Dollar and Euro are firmer in relatively quiet […] The post Yen Rises on Persistent Inflation, Focus Turns to PMI Data and Canada’s Retail Sales appeared first on Action Forex... Read More
Posted: Apr 21 2023, 06:04
Author Name: actionforex
Views: 110868

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