USD/JPY Posts Fresh Multi-decade High Above 161.00 Ahead Of US Inflation Release
June 28, 2024 at 05:17 AM EDT
USD/JPY rises above 161.00 amid firm US Dollar ahead of the US Core PCE Inflation. US inflation data is expected to have softened in May. Fears of Japan’s intervention have intensified as Yen weakened to 161.00 against the US Dollar.
