USD/JPY dropped again to 154.00 (underneath) after above goal CPI knowledge and stimulus pack information

Updating USD/JPY after the inflation knowledge:

• Japan October headline CPI +2.three% (anticipated +2.2%, prior 2.5%)

All three measures have been above the bojj2% goal, which retains a December charge hike from the Financial institution on the simmer.

Additionally yen supportive was:

• Japan PM Ishiba says stimulus package deal might be round 39 trln yen

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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