USD/JPY to Eye a Return to 145.5 on US Jobless Claims and Fed Chatter

USD/JPY to Eye a Return to 145.5 on US Jobless Claims and Fed Chatter

From fxempire.com

It is a quiet start to the Asian session for the USD/JPY pair, with no economic indicators from Japan for the markets to consider. Following a pickup in service sector activity at the end of the fourth quarter and the latest inflation numbers, the jury is out on when the Bank of Japan will shift from its ultra-loose monetary policy position. This week, Prime Minister Fumio Kishida talked of taking advantage of the weak Yen and incorporating policies that would benefit the people. While the Yen may support the government’s inbound tourism goals, inflation will be BoJ Governor Kuroda’s problem. The BoJ and the ... (full story)

so dump into 143? got it. thanks for the insight chap.

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