The USDJPY pair remains steady around the 145.00 mark during European trading hours on Wednesday. It moves predominantly within a narrow range as traders prepare for the upcoming US Consumer Price Index (CPI) data for May. Scheduled for release at 1230 GMT, this crucial report is set to impact market sentiment and trading positions significantly. Investors are paying close attention to the CPI figures, as these will provide insights into inflation trends and potential adjustments to monetary policy by the Federal Reserve. Currently, the USDJPY is reflecting a cautious outlook as the market awaits further direction from the US economic indicators.