Japanese Yen at 162: Inflation's Real Impact
With Greater Tokyo inflation nearing the 2% target, USD/JPY clings to 162.00. Discover how BoJ normalization creates a volatile floor for traders.
With Greater Tokyo inflation nearing the 2% target, USD/JPY clings to 162.00. Discover how BoJ normalization creates a volatile floor for traders.
Japan's corecore inflation fell to 2.1% in May, masking sticky 2.7% headline rates. I explain why this gap forces the BOJ to pause.
USD/JPY targets 161.95 as the Strait of Hormuz stays closed. With Japan's growth slashed to 0.5%, intervention lacks real liquidity to stop the trend.