USD/JPY Plummets After US Inflation Misses Estimates
===============
#7b7dea38 ver:0.28
The USD/JPY pair is consolidating near 161.50 as investors await US inflation data. The Japanese Yen remains weak despite speculation of intervention and uncertainty over Bank of Japan policy. The USD/JPY bullish trajectory remains strong, with resistance levels at 161.75, 162.30, and 163.00. The divergence in monetary policy between Japan and the US continues to undermine the JPY. The USD/JPY pair could reach 162.00 before a correction to 158.80 and another growth phase targeting 163.30. #USDJPY #inflation #monetarypolicy...
#newstr #Usd/jpy #UsInflation #InterestRates #JapaneseYen
https://here.news/story/7b7dea38?ver=0.28