USD/JPY Weekly Forecast: US Retail Sales and Japan Inflation in Focus
==========
The USD/JPY fell 1.78% to 157.900 last week as investors speculated about potential intervention to support the Yen. This week, higher-than-expected core inflation in June may increase bets on a Bank of Japan rate hike. Stalling US retail sales in June could dampen inflation and support a Fed rate cut in September.
#Usd/jpy #UsRetailSales #JapanInflation #BankOfJapan #FedRateCut
https://www.fxempire.com/forecasts/article/usd-jpy-weekly-forecast-us-retail-sales-and-japan-inflation-in-focus-1445837
FX Empire /
npub1lj…9zjdc
2024-07-14 08:59:03
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wss://relay.damus.ioPublished at
2024-07-14 08:59:03Event JSON
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"content": "USD/JPY Weekly Forecast: US Retail Sales and Japan Inflation in Focus\n==========\n\nThe USD/JPY fell 1.78% to 157.900 last week as investors speculated about potential intervention to support the Yen. This week, higher-than-expected core inflation in June may increase bets on a Bank of Japan rate hike. Stalling US retail sales in June could dampen inflation and support a Fed rate cut in September.\n\n#Usd/jpy #UsRetailSales #JapanInflation #BankOfJapan #FedRateCut\n\nhttps://www.fxempire.com/forecasts/article/usd-jpy-weekly-forecast-us-retail-sales-and-japan-inflation-in-focus-1445837",
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