# Japanese Yen Ticks Higher as Inflation Meets Expectations - ActionForex

> The yen ticked higher as Japanese core CPI slightly undershot forecasts. The BOJ kept policy unchanged and lowered its inflation forecast, and USD/JPY traded near 109.95.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/64812-japanese-yen-ticks-higher-as-inflation-meets-expectations-actionforex
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

With the BOJ expected to keep easing into 2019, the yen has limited support, which keeps dollar-priced import costs for Japanese buyers steady.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- actionforex.com: https://www.actionforex.com/contributors/fundamental-analysis/107558-japanese-yen-ticks-higher-as-inflation-meets-expectations/

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