-
USD/JPY Bulls to Target 144.5 on Hotter US Inflation Numbers
On Wednesday, the USD/JPY rose by 0.25% to wrap up the day at 143.716. Better-than-expected producer price index and consumer price inflation numbers from China supported riskier assets. This morning, there are no economic indicators from Japan or China to draw interest. The lack of economic indicators will leave the USD/JPY in the hands of market risk sentiment as investors look toward the US CPI Report. With the Bank of Japan set to remain ultra-loose, monetary policy divergence could tip significantly in the dollar’s favor. The US Session It is a big day ahead, with the all-important US CPI Report in focus. ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Aug 9, 2023 11:29pm Aug 9, 2023 11:29pm
- Konichiwhaat
- Joined Dec 2019 | Status: Member | 104 Comments
Emotional Control. Process, not outcome.
- Comment #2
- Quote
- Aug 9, 2023 11:50pm Aug 9, 2023 11:50pm
- Guest
- | IP XX.XXX.151.138
- Comment #3
- Quote
- Aug 10, 2023 12:02am Aug 10, 2023 12:02am
- Konichiwhaat
- Joined Dec 2019 | Status: Member | 104 Comments
Emotional Control. Process, not outcome.
- Comment #4
- Quote
- Aug 10, 2023 12:04am Aug 10, 2023 12:04am
- Guest
- | IP XX.XXX.151.138
- Comment #5
- Quote
- Aug 10, 2023 5:54am Aug 10, 2023 5:54am
- Guest
- | IP XXX.XX.63.66