• USD/JPY has hit a session low, swings from a high above 150.10 to under 149.60

    Source: Buzz FX / 27 Feb 2025 19:50:43   America/New_York


    The initial move after the Tokyo inflation data was for yen weakness:
    In that post I made note that the weaker CPI reading fed through to a weaker yen as it takes off some pressure for nearer-term BoJ rate hikes.
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