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Tokyo core CPI rose to 2.5% year on year in January, the highest since February 2024, and headline CPI reached 3.4%. The yen slipped to around 154.73 per dollar in European trading.
Persistent Japanese inflation supports further BoJ tightening, which can pressure the yen. The effect on feed commodity prices is indirect.
marketpulse.comKenneth FisherJan 31, 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.
