USD/JPY Forecast: Dollar Stays Firm Against Yen Ahead of CPI

<div><img width="838" height="554" src="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg" class="type:primaryImage wp-post-image" alt="my USD/JPY price analysis outlook forecast" decoding="async" style="margin-bottom: 15px;" srcset="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg 838w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-300×198.jpg 300w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-150×99.jpg 150w" sizes="(max-width: 838px) 100vw, 838px" /></div>
<p>The dollar held firm ahead of the CPI report. The yen retraced gains from Kazuo Ueda’s remarks. A surge in oil prices has raised worries of inflationary pressures in the US. The dollar has been strong before the US inflation report, contributing to the bullish USD/JPY forecast. Moreover, it strengthened against the yen as traders…</p>
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