The USD/JPY pair experiences a slight uptick today, increasing by 0.2% to 151.50 as traders anticipate the upcoming U.S. Consumer Price Index (CPI) report. Recent trends indicate that this bounce comes while defending the 100-day moving average. With the CPI report on the horizon, traders are watching closely for potential implications. Market fluctuations could arise from inflation data, impacting the pair’s trading dynamics. Keeping an eye on these economic signals can guide traders in adjusting their strategies effectively. Understanding how inflation data influences currency trades becomes crucial during these key announcements. The market remains vigilant as both U.S. and global factors come into play.