USD/JPY Outlook: Yen Weakens as Japan’s Inflation Figures Ease

<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" style="margin-bottom: 15px;" decoding="async" 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>Japan’s core inflation marked the second consecutive month of a slowing trend. The Bank of Japan will likely maintain ultra-low interest rates at next week’s meeting. The dollar geared up for its second consecutive weekly gain. Friday unveils a bullish USD/JPY outlook as the yen softens amid weaker inflation figures. Despite Japan’s core inflation holding…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/19/usd-jpy-outlook-yen-weakens-as-japans-inflation-figures-ease/">USD/JPY Outlook: Yen Weakens as Japan’s Inflation Figures Ease</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>