USD/JPY has hit the brakes on this week’s impressive rally, with the pair trading at 154.34 in the European session, up 0.30% on the day. Learn about the latest market movements and key economic indicators impacting the USD/JPY pair.
Tokyo Core CPI Ticks Higher
Discover how Tokyo Core CPI rose to 2.2% y/y in July, surpassing market expectations and driving the yen’s performance. Find out what factors contributed to this increase and what it means for the Bank of Japan’s upcoming policy decisions.
Fed Eyes Core PCE Price Index
Stay ahead of the curve with insights into the Federal Reserve’s preferred inflation measure, the Core PCE Price Index. Learn about the expected changes in June’s figures and how they could impact the USD/JPY pair in the coming days.
USD/JPY Technical Analysis
Get a detailed breakdown of the technical levels for USD/JPY, including key resistance and support levels to watch. Stay informed about potential price movements and trading opportunities in the near term.
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