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USD/JPY Price Analysis: No Respite for JPY Amid Higher Inflation

USD/JPY Price Analysis: No Respite for JPY Amid Higher Inflation
Core consumer inflation in Tokyo, the capital of Japan, dropped in February. Japan’s unemployment rate fell to a three-year low of 2.4% in January. BOJ policymakers have emphasized the necessity of maintaining an ultra-loose monetary policy. Today’s USD/JPY price analysis is bearish. The impact of government energy subsidies slowed core consumer inflation in Tokyo in … Continued The post USD/JPY Price Analysis: No Respite for JPY Amid Higher Inflation appeared first on Forex Crunch... Read More
Posted: Mar 3 2023, 09:41
Author Name: forexcrunch
Views: 110736

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