USD/JPY calm as BoJ Core CPI rises – MarketPulse
The USD/JPY pair remains steady as the Bank of Japan’s Core Consumer Price Index (CPI) increases. The market is calm as traders monitor the rise in Japan’s core inflation rate. This news has had a stabilizing effect on the USD/JPY exchange rate. Investors are closely watching the developments in the Japanese economy, particularly in relation to inflation. The current situation indicates a sense of stability in the market as the BoJ’s CPI rises.