USD/JPY surges toward September lows on inflation shock
USD/JPY extends its advance, gaining 0.36% to trade around 158.90 after higher-than-expected US inflation data reinforce expectations of further Federal Reserve interest rate hikes.
Original · FXStreet AI summary of public reporting
Why: Hot US CPI lifts Fed hike odds → stronger USD drives JPY lower
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At publication → CurrentJPY158.78 → 158.73−0.0%