News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Japanese Yen Resumes Daily Down Trend After In-line CPI Data

Japanese Yen Resumes Daily Down Trend After In-line CPI Data

Bradley Kearns,

Talking Points:

  • Japan’s CPI 0.0% y/y in January as expected, down from 0.2% in December
  • Core CPI 0.7% y/y, in line with forecasts and down from 0.8% y/y previously
  • USD/JPY resumed intraday rally after CPI data matched status-quo outlook

See how retail traders are positioned in the Yen with the DailyFX SSI.

The Yen resumed its intraday decline against the US Dollar after Japan’s inflation statistics crossed the wires. The headline figure registered flat at 0.0 percent year-on-year in January, in line with the consensus forecasts but down from December’s print at 0.2 percent. Core CPI – a measure excluding food and energy prices – came in at 0.7 percent year-on-year and also matched analysts’ expectations.The Japanese currency had been falling against the US Dollar for the majority of trading day. Prices paused for a bit ahead of the CPI release, with traders apparently waiting to see if event risk would offer a new directional lead. The intraday trend appeared to resume after the inflation data set printed mostly in line with expectations.


DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.