USD/JPY dropped back to 154.00 (under) after above target CPI data and stimulus pack newsUpdating USD/JPY after the inflation data:
All three measures were above the bojj2% target, which keeps a December rate hike from the Bank on the simmer.
Also yen supportive was:
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: USD/JPY dropped back to 154.00 (under) after above target CPI data and stimulus pack news (https://www.forexlive.com/news/usdjpy-dropped-back-to-15400-under-after-above-target-cpi-data-and-stimulus-pack-news-20241122/)
forexlive.com