- The US CPI reaches 2.7% year -on -year, reinforcing the hard line position of the Fed in the midst of inflationary concerns
- Treasury yields jump, with the 10 -year bonus reaching 4,483%, promoting the USD/JPY
- Trump renews the pressure on the Fed, asking for aggressive rate cuts of 3%
The USD/JPY shoots more than 0.86% during the US session, quoting 148.95, approaching the figure of 149.00 for the first time since April 2025. A slightly hot CPI report in the United States (USA) made the US treasure yields shoot, while operators discarded a short -term rate cut.
The dollar triggers 0.86% compared to Yen after exceeding inflation forecasts in the US and Trump sets
The US Labor Statistics Office (BLS) revealed that the June Consumer Price Index (CPI) rose 2.7% year -on -year They should cut rates by 3%.
The monetary markets suggest that the Fed will maintain the rates without changes in a range of around 4.25% -4.50% in June, with probabilities of 95.87% according to the data revealed by Prime Market Terminal.
The 10 -year Treasury bonus yield performance, which is closely correlated with the USD/JPY, has risen four basic and average points up to 4,483%, supporting the US dollar.
Forecast of the USD/JPY price: Technical Perspectives
The USD/JPY daily graph suggests that a greater increase is expected, but buyers will face resistance in the 200 -day SMA in 149.61. If it exceeds, the pair would change to an upward trend and be prepared to challenge 150.00. Otherwise, if the torque is maintained below 149.00, operators can take the exchange rate to the support converted into a maximum of June 23 into 148.02.
And in Japanese price this week
The lower table shows the change percentage of Japanese Yen (JPY) compared to the main currencies this week. Yen Japanese was the strongest currency in front of the Japanese yen.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.64% | 0.83% | 1.18% | 0.17% | 0.83% | 0.99% | 0.57% | |
| EUR | -0.64% | 0.16% | 0.52% | -0.48% | 0.17% | 0.34% | -0.08% | |
| GBP | -0.83% | -0.16% | 0.30% | -0.64% | 0.01% | 0.18% | -0.10% | |
| JPY | -1.18% | -0.52% | -0.30% | -0.87% | -0.33% | -0.12% | -0.54% | |
| CAD | -0.17% | 0.48% | 0.64% | 0.87% | 0.66% | 0.82% | 0.40% | |
| Aud | -0.83% | -0.17% | -0.01% | 0.33% | -0.66% | 0.14% | -0.28% | |
| NZD | -0.99% | -0.34% | -0.18% | 0.12% | -0.82% | -0.14% | -0.42% | |
| CHF | -0.57% | 0.08% | 0.10% | 0.54% | -0.40% | 0.28% | 0.42% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the Japanese yen from the left column and move along the horizontal line to the US dollar, the percentage change shown in the picture will represent the JPY (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
