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Home›Forex›Major Pairs›Japanese Yen gathers strength as CPI inflation exceeds…

Japanese Yen gathers strength as CPI inflation exceeds target, backing BoJ rate hikes

Reported · Written up by our desk · Major Pairs

The USD/JPY pair remains under selling pressure to near 156.25 during the early Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) following hot Japan’s inflation report.

Latest closeUSD/JPY 156.81 ▼0.8%

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FXStreetJapanese Yen gathers strength as CPI inflation exceeds target, backing BoJ rate hikes

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