Japanese Yen sticks to modest gains against USD; lacks follow-through amid positive risk tone
2 Articles
2 Articles
Japanese Yen struggles to lure buyers despite strong Tokyo CPI print
The Japanese Yen ticks lower as US-China trade offer optimism weakens safe-haven need. Strong Tokyo customer inflation figures declare bets for extra rate walkings by the BoJ in 2025. Dovish Fed expectations may keep a cover on any significant USD benefit and the USD/JPY set. The Japanese Yen (JPY) edges lower throughout the Asian session on Friday as expect the prospective de-escalation of the US-China trade standoff stay helpful of a favorable…
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