USD/JPY: Intervention and weak core CPI cap Yen support – Commerzbank
Commerzbank’s Volkmar Baur reports that Japanese authorities appear to be intervening around USD/JPY 157 after the pair briefly hit 160.72. Tokyo inflation data show headline gains driven solely by energy, while core inflation has fallen to a one‑year low.
BRENTWTI
Commerzbank’s Volkmar Baur reports that Japanese authorities appear to be intervening around USD/JPY 157 after the pair briefly hit 160.72. Tokyo inflation data show headline gains driven solely by energy, while core inflation has fallen to a one‑year low.