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USD/JPY Price Analysis: Japan’s Inflation Urges for BoJ Hike

by Forex Crunch
December 11, 2024
in Forex Analysis
Reading Time: 1 min read

Wholesale inflation in Japan increased by 3.7% annually, well above estimates of 3.4%.  The dollar eased slightly as traders geared up for the US CPI report. Economists expect US inflation to increase by 0.3% in November. The USD/JPY price analysis shows rising price pressures in Japan that will likely support a Bank of Japan rate…
The post USD/JPY Price Analysis: Japan’s Inflation Urges for BoJ Hike appeared first on Forex Crunch.
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