I’ve posted on the Tokyo inflation data earlier today a couple of times. It came in at levels high enough to boost market assessment of a Bank of Japan rate hike at its December 18-19 meeting.
Summary here:
ForexLive Asia-Pacific FX news wrap: Tokyo inflation rose, JPY surged
USD/JPY has dropped back under 150.00 since I posted the wrap and has hit its lowest ina month:
This article was written by Eamonn Sheridan at www.forexlive.com.
