# USD/JPY retreats from fortnight top to 133.00 on BoJ talks, Fed’s favorite inflation eyed — Octa

> USD/JPY pulled back from a two-week high toward 133.00 on March 31, 2023, as Tokyo CPI came in above forecasts and Japanese unemployment rose. Investors also focused on comments from Japan's finance minister on Bank of Japan independence and on upcoming US inflation data.

- Date: 2023-03-31 · published 2023-03-31T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/37112-usd-jpy-retreats-from-fortnight-top-to-133-00-on-boj-talks-fed-s-favorite
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

This is routine currency market commentary with no new supply or demand shock for feed commodities, so it has little direct price impact.

## Read by commodity

- USDJPY: neutral

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/1033169/

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