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USD/JPY rebounds into new Friday high, aimed for 143.00
The USD/JPY is rallying into new highs on Friday as the US Dollar (USD) tries to pare back some of the day’s losses coupled with a broad-market weakening of the Japanese Yen (USD) as markets get set to wrap up the last day of trading before the holiday break and the last full trading week of 2023. The Yen saw an early bump on Friday after Japanese National Consumer Price Index (CPI) Inflation printed more or less as-expected, with Core Japan CPI (headline CPI less fresh food prices) for the year through November meeting market forecasts of 2.5% versus the previous print of 2.9%. Japanese inflation continues to fall ... (full story)
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- Posted: Dec 22, 2023 1:34pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 3,730
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