USD/JPY Outlook: Cost Pressure Remains Despite Eased Inflation
Core consumer prices in Japan increased by 3.1% from a year earlier in February. The cost of non-energy goods like food and basic necessities continued to rise. Investors are awaiting the core durable goods orders report from the US. Today’s USD/JPY outlook is bearish. Data released on Friday revealed that while Japan’s core consumer inflation … Continued The post USD/JPY Outlook: Cost Pressure Remains Despite Eased Inflation appeared first on Forex Crunch.
Core consumer prices in Japan increased by 3.1% from a year earlier in February. The cost of non-energy goods like food and basic necessities continued to rise. Investors are awaiting the core durable goods orders report from the US. Today’s USD/JPY outlook is bearish. Data released on Friday revealed that while Japan’s core consumer inflation … Continued
The post USD/JPY Outlook: Cost Pressure Remains Despite Eased Inflation appeared first on Forex Crunch.
