USD/JPY Extends as Bearish At 158.998

Research preview

USD/JPY News And Catalyst Brief The news tape is giving a clearer macro cue around inflation and central-bank policy. USD/JPY has an upside-leaning news bias because dollar and yield-sensitive headlines are still working against the yen, with inflation data and central-bank expectations shaping the move. This improves the context, but follow-through still depends on price holding the relevant support or resistance area. Eurozone cpi estimate (y/y) jul f: 2.9% (est 2.9%; prev 2.9%) – cpi core (y/y): 2.5% (est 2.5%; prev 2.5%) – cpi (m/m): 0.2% (est 0.2%; prev 0.2%) – cpi (y/y): 2.9% (est 2.9%; prev 2.9%). Eurozone core cpi yoy final actual 2.5% (forecast 2.5%, previous 2.5%) $macro....