# USD/JPY holds above 145.00 after the Tokyo CPI inflation data

> USD/JPY held above 145.00 in early Asian trade after Tokyo CPI rose 2.2% year-on-year in September, down from 2.6% in August. Markets awaited US PCE inflation data, and the BOJ is expected to hold rates at its October meeting.

- Date: 2024-09-27 · published 2024-09-27T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/28542-usd-jpy-holds-above-145-00-after-the-tokyo-cpi-inflation-data
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Softer Japanese inflation trims the case for BOJ tightening and leaves the yen weak against the dollar, a minor macro factor for dollar-priced commodities.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/usd-jpy-holds-above-14500-after-the-tokyo-cpi-inflation-data-202409270034

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.