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USD/JPY is dribbling a little lower after the Japanese June inflation figures

USD/JPY is sliding a little, its moving under 140.00 more convincingly following the inflation data a few minutes ago:Japan June CPI, headline +3.3% y/y (expected +3.5%)As noted in that post, both core measures were in line with expectations. All three measures remain well above the Bank of Japan's 2% inflation target. I will sound like a broken record if I say that the BOJ keeps insisting that the current high level of CPI measures is transitory. The Bank expected inflation to fall back from ar... Read More

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Usd

Jpy

Dribbling

Little

Lower

After

Japanese

June

Inflation

Usd jpy

Figures

Forex

Posted: Jul 20 2023, 23:55

Author Name: forexlive

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