“USD/JPY Price Forecast: Surging Past 154.50 After Hot CPI Report”
The USD/JPY Rallies on US Inflation Report The USD/JPY soared on Wednesday On Wednesday, the USD/JPY experienced a sharp rally following a hot US inflation report. The report spurred a jump in the US 10-year Treasury yield, which is closely correlated with the major currency pair. As a result, the pair aimed higher, clearing the…