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USD/JPY WEAKENS BELOW 142.50 AFTER JAPANESE CPI DATA SHOWS 3.6% YoY IN MARCH

Tina Collins

Tina Collins

— 1 min read
USD/JPY WEAKENS BELOW 142.50 AFTER JAPANESE CPI DATA SHOWS 3.6% YoY IN MARCH
USD/JPY WEAKENS BELOW 142.50 AFTER JAPANESE CPI DATA SHOWS 3.6% YoY IN MARCH

USD/JPY WEAKENS BELOW 142.50 AFTER JAPANESE CPI DATA SHOWS 3.6% YoY IN MARCH

The USD/JPY currency pair has softened to approximately 142.25 during Friday’s Asian session, reflecting a decline from the previous day’s levels.

This movement follows the release of Japan's Consumer Price Index (CPI) data for March, which showed a 3.6% year-over-year increase, indicating persistent inflationary pressures.​

USD/JPY is trading near 142.25, indicating a softening in the pair's value.​

Japan's CPI for March rose by 3.6% year-over-year, suggesting sustained inflationary pressures in the economy.​

The release of the CPI data has led to a weakening of the USD against the JPY, as investors adjust their positions in response to the inflation figures.​

Market activity is subdued due to thin trading volumes, which can lead to increased volatility and exaggerated price movements.​

Ongoing concerns over the economic impact of tariffs continue to weigh on the USD, contributing to its weakness against the JPY.

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