USDJPY

19 Apr 2024

• National Core CPI YoY:
  
• Actual (Act): 2.6%
  
• Forecast (Forc): 2.7%
  
• Previous (Prev): 2.8%
  
• Score (Up/Down):
  
• The actual CPI YoY of 2.6% is below both the forecast (2.7%) and the previous (2.8%) figures.
  
• A lower-than-expected CPI YoY suggests a slowdown in consumer price inflation, which may raise concerns about economic growth and monetary policy.
  
• The JPY could face downward pressure if the inflation data disappoints, leading to expectations of possible monetary policy adjustments or economic stimulus measures.
  
• Score (Down): 70%
• Buy USDJPY Suggestion is