Japanese consumer inflation slowed from 2.6% y/y to 2.2% y/y in January. The data was slightly higher than the expected 2.1%, providing temporary support for the Yen, which rose 0.4% after the release, pushing USDJPY back to 150.10. Prices excluding food slowed to 2.0% year-on-year, the lowest since March 2022 and back to the BoJ’s […]
The post Japanese Yen Benefits from Hopes of Change in BoJ Approach appeared first on Action Forex.
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