# USD/JPY gathers strength to recapture 133.00 as focus shifts to US PCE Price Index — Octa

> USD/JPY aimed to recapture 133.00 on March 30, 2023, as easing US banking fears reduced the yen's safe-haven appeal. Traders focused on the upcoming release of the Fed's preferred core PCE inflation gauge, which was expected to show slower monthly growth.

- Date: 2023-03-30 · published 2023-03-30T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/37114-usd-jpy-gathers-strength-to-recapture-133-00-as-focus-shifts-to-us-pce-price
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

This is a routine market preview of currency moves ahead of data, with no direct effect on feed commodity supply or demand.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/1032766/

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