Core consumer prices in Japan’s capital increased by 4.3% in January. Investors that rising inflation may prompt the BOJ to reduce stimulus soon. The IMF suggested that the BOJ allow government bond yields to climb more freely. Today’s USD/JPY outlook is slightly bearish. Core consumer prices in Japan’s capital, which serve as a leading indicator … Continued
The post USD/JPY Outlook: Tokyo’s Consumer Inflation Climbs to 42-Yr High appeared first on Forex Crunch.
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