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Yen slips to three-week low on US CPI then recovers

USD/JPY jumped from near 158.50 to just under 159.00 on hotter-than-forecast US inflation figures before falling back as US bond yields reversed, now just above 158.00.

Original · FXStreet AI summary of public reporting

Why: Hot US CPI initially weakens JPY but bond yield reversal supports recovery

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At publication → Current
JPY158.01 → 157.65−0.2%
Yen slips to three-week low on US CPI then recovers | SignalHub