The exchange rate of USDJPY is at 139.922, and Japan’s inflation rate, measured by the National CPI, has seen an improvement to 3.3% year on year in June. However, it has fallen below the threshold of 140.

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USDJPY Chart by TradingView

Japan Statistics Bureau released National Consumer Price Index (CPI) for June, rising to 3.3% YoY from 3.2% versus 3.5% expected on early Friday.

More to come.

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