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Japanese yen rises ahead of BoJ inflation

BoJ Core CPI expected to remain unchanged at 3.4% US posts mixed PMI report The Japanese yen has started the week in positive territory. In the European s ....

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Japanese Yen Rises Ahead of BoJ Inflation

Japan’s core inflation rate has been moving higher. Last week, the nationwide core CPI rose to 2.9% for October, up from 2.8%. On Tuesday, we’ll get a look at BoJ Core CPI, which is one of the Bank of Japan’s preferred inflation gauge. The indicator has been steadily rising from a 2023 low of 2.7% back in February. The market consensus for October stands at 3.4%, unchanged from the September print. ....

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