The Japanese yen continues to post losses this week. In Thursday’s North American session, USD/JPY is trading at 112.50, up 0.44% on the day. On the release front, the focus is on inflation reports. CPI edged down to 0.1%, shy of the forecast of 0.2%. Core CPI remained steady at 0.2%, matching the forecast. Unemployment claims dropped to 214 thousand, easily beating the estimate of 226 thousand. The indicator has not posted a gain since November. There are no Japanese events on the schedule. On Friday, the U.S releases the UoM Consumer Sentiment report. Japanese manufacturing data was lukewarm this week. Earlier in ... (full story)