Daily Market Updates: Japanese Yen holds steady near 158.00 as BoJ's Ueda says underlying inflation close to target

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Japanese Yen holds steady near 158.00 as BoJ's Ueda says underlying inflation close to target

Reported · Written up by our desk · Major Pairs

The USD/JPY pair trades on a flat note around 158.00 during the early European session on Monday. Traders scale back Federal Reserve (Fed) rate hike bets despite hot US inflation data. The Japan’s National Consumer Price Index (CPI) inflation data will take center stage later on Friday.

Latest closeUSD/JPY 157.84 ▼0.3%

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FXStreetJapanese Yen holds steady near 158.00 as BoJ's Ueda says underlying inflation close to target

Forex

Japanese Yen holds steady near 158.00 as BoJ's Ueda says underlying inflation close to target

More like this

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