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USD/JPY back under 140 - higher CPI a talking point

USD/JPY has finally dribbled a little lower on the session. Its back under 140.00. Which is not overly significant, for sure. It is a big round number and a bit of a reference point only.

The inflation report was a hot one, for Japan. Its rekindled talk of a BOJ pivot, the first step of which would most likely be a relaxation of yield curve control. Countering this, of course, is the continued insistence from Bank of Japan Governor Kuroda that the high (again, for Japan) levels of infla... Read More

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Posted: Nov 18 2022, 03:23

Author Name: forexlive

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