USD/JPY REFRESHES 34-YEAR HIGHS ABOVE 153.00 FOLLOWING US PPI DATA... dari Wulan Viana

13 Apr 2024, 19:57 · Views 135

USD/JPY edges up to 153.22, lifted by inflation reports and rising DXY.
US PPI data indicates slower inflation growth yet fails to dampen the bullish momentum for the US Dollar.
Fed officials express disappointment in inflation trends, highlighting ongoing economic challenges.

The USD/JPY climbed during the North American session and remains above the 153.00 figure despite Japanese authorities jawboning on excessive Japanese Yen (JPY) movements. Further data from the United States (US) depicts inflation is stickier than expected, putting pressure on the Federal Reserve. At the time of writing, the major trade at 153.22, up 0.05%.

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