The dollar rallied last week after consumer inflation figures increased more than expected. Traders give the Fed a 91% chance to lower borrowing costs by 25-bps in November. Market participants await the US retail sales report. The USD/JPY outlook leans bullish, with the dollar firm after better-than-expected consumer inflation data. Meanwhile, the yen was weak…
The post USD/JPY Outlook: Dollar Extends Gains After Upbeat CPI appeared first on Forex Crunch.
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