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Tokyo headline CPI eased to 2.9% year on year in February from 3.4% in January. Core CPI excluding fresh food and energy also slowed, and USD/JPY was up 0.25% at 150.05 after the release.
Slower inflation reduces pressure for near-term BOJ tightening, which can weaken the yen. That affects the dollar cost of Japanese imports, though the impact on feed prices is minor.
fxstreet.comLallalit SrijandornFeb 28, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
