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USD/JPY Price Analysis: BoJ Hike Odds Fade as Inflation Cools

by Forex Crunch
October 25, 2024
in Forex Analysis
Reading Time: 1 min read

Data on Friday showed that Tokyo’s inflation eased below 2%. Market participants are watching the upcoming election in Japan. Economic data showed a surge in US business activity. The USD/JPY price analysis shows a dim outlook for Bank of Japan rate hikes after Tokyo’s inflation eased below the 2% target. As a result, the yen…
The post USD/JPY Price Analysis: BoJ Hike Odds Fade as Inflation Cools appeared first on Forex Crunch.
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