Back To Top

February 21, 2025

USD/JPY Recovers After Slipping Below 150 Yen per Dollar

After recent fluctuations, the USD/JPY pair sees a recovery following Japan’s latest inflation data. According to Forex Factory, the National Core Consumer Price Index (CPI) recorded an increase of 3.2 percent year-over-year, surpassing preliminary forecasts of 3.1 percent and exceeding the previous month’s figure of 3.0 percent. This encouraging data aids in stabilizing the USD/JPY position after it dropped below 150 yen per dollar. Traders should consider how upcoming economic releases may further influence this currency pair’s direction.

Prev Post

JTO Price Skyrockets by Nearly 30% Following Upbit’s Exciting Announcement

Next Post

Milie LIBRA Scandal Exposed: Neiro CTO Discusses Hard Lessons and…

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment