USD losses proceed – USD/JPY beneath 150.70

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Eyes on USD/JPY, as ordinary, its down in the direction of 150.60 after the strong inflation knowledge earlier:

  • Tokyo space November inflation knowledge, a giant bounce greater: Headline 2.6% y/y (prior 1.eight%)
  • USD/JPY in the direction of 151.10 – the drop started earlier than the CPI knowledge formally printed

The greenback is decrease extra extensively additionally. EUR/USD is close to session highs circa 1.0570, for instance.

Aside from what has already been posted there isn’t any recent information or knowledge.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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