The spotlight now shines on key economic data as traders anticipate the upcoming US Consumer Price Index (CPI) release today. This data, along with the Producer Price Index (PPI) tomorrow and retail sales later this week, could significantly impact market trends. If US inflation data comes in stronger than expected, it may provide a considerable boost to the USD/JPY currency pair. Current market sentiment indicates that the Japanese yen is under pressure, making this an essential moment to watch. Investors should prepare for potential volatility in reaction to these key economic indicators. Stay tuned for updates on this crucial economic landscape.