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USD/JPY dropped back to 154.00 (under) after above target CPI data and stimulus pack news

Started by forex4you, Nov 22, 2024, 05:58 am

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USD/JPY dropped back to 154.00 (under) after above target CPI data and stimulus pack news

Updating 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

forexlive.com
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