USD/JPY Shrugs as Japan's Inflation Data a Mix
The Japanese yen continues to drift and showing little movement on Tuesday. USD/JPY is trading at 156.92, up 0.01% on the day at the time of writing.
Source: actionforex.com
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The Japanese yen continues to drift and showing little movement on Tuesday. USD/JPY is trading at 156.92, up 0.01% on the day at the time of writing.
The Japanese yen is in positive territory today, in what could be the end of a 6-day rally by the US dollar. During that time, the yen has plunged 440 points and hit a six-month low on Thursday. In the European session, USD/JPY is trading at 138.13, down 0.41%.
Japan Core CPI rose to 3.4%, as Japanese inflation continues to strengthen. The USD/JPY rally has paused after 6 straight days of gains