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USD/JPY Price Analysis: Yen Climbs on BoJ Tightening Odds

by Forex Crunch
January 15, 2025
in Forex Analysis
Reading Time: 1 min read

Bank of Japan Governor Kazuo Ueda signaled a likely rate hike. The US PPI increased by 0.2%, well below estimates of a 0.4% increase.  Traders are focused on Wednesday’s Consumer Price Index report. The USD/JPY price analysis shows rising bets for a Bank of Japan rate hike next week, supporting the yen across the board….
The post USD/JPY Price Analysis: Yen Climbs on BoJ Tightening Odds appeared first on Forex Crunch.
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