RBFX Support Posted yesterday at 08:55 AM Author Report Share Posted yesterday at 08:55 AM USDJPY falls below 144.00 amid rising inflation in Japan The USDJPY rate has dropped below the 144.00 mark as inflation in Japan accelerates and investors anticipate a rate hike from the central bank in July. Find more details in our analysis for 30 May 2025. USDJPY forecast: key trading points Market focus: Japan’s Consumer Price Index rose by 3.6% year-on-year in May Current trend: moving downwards USDJPY forecast for 30 May 2025: 143.00 and 144.75 Fundamental analysis The Japanese yen is strengthening as inflation increases. Tokyo’s Consumer Price Index rose by 3.6% year-on-year in May, up from 3.4% in April and surpassing the 3.5% market forecast. This marks the highest inflation reading in two years and boosts expectations that the Bank of Japan may raise interest rates at its July meeting. Today, market participants are awaiting US inflation data, with the core PCE price index due during the American session. Forecasts anticipate a 0.1% monthly rise and a 2.5% year-on-year increase. Higher-than-expected inflation could support the US dollar, while a weaker reading would likely strengthen the yen further. RoboForex Market Analysis & Forex Forecasts Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
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