The yen has strengthened after the trifecta of Tokyo CPI data – inflation rising


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The data post is here:

I pointed out there that:

  • All three of the measures have come in above expected, and all of them above (or equal to in the case of the headline) the February reading.
  • To round it out, all three are also above the Bank of Japan 2% target.

The yen has been marked higher, here is USD/JPY:

This article was written by Eamonn Sheridan at www.forexlive.com.

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