Tokyo’s inflation hit 3.6%, higher than forecasts. Tokyo’s inflation casts doubt on BoJ’s belief that cost-push inflation is temporary. There is a higher chance that Japan’s nationwide inflation has increased after Tokyo’s report. Today’s USD/JPY price analysis is bearish. Japan’s capital city’s core consumer prices, a key predictor of national trends, increased at their quickest … Continued (https://www.forexcrunch.com/usd-jpy-price-analysis-tokyos-inflation-hits-40-yr-highs/) The post USD/JPY Price Analysis: Tokyo’s Inflation Hits 40-yr Highs (https://www.forexcrunch.com/usd-jpy-price-analysis-tokyos-inflation-hits-40-yr-highs/) appeared first on Forex Crunch (https://www.forexcrunch.com/).
