Published: 2024-10-10T02:27:14.000Z
USD/JPY flows: PPI Higher
FX Analyst
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Japan September PPI 0.0% m/m (expected -0.3%) and +2.8% y/y (expected +2.3%)
The Japan September PPI has come in higher at 0.0% m/m and +2.8% y/y. It would be a positive sign for the BoJ as they are looking for stronger trend inflation. On Thursday's Asia session, U.S. Treasury Yields have so far retreated more than JGB yields.
USD/JPY is trading 0.12% lower at 149.12.