Yen Strengthens Slightly Ahead of Key Japanese Economic Data -- Market Talk

Dow Jones

02-27

0048 GMT - The yen strengthens slightly against most G-10 and Asian currencies in the early Asian session ahead of key Japanese economic data due Friday. Tokyo CPI is a good leading indicator of nation-wide CPI, CBA's Kristina Clifton says in a research report. Sustained stronger inflation in Japan could encourage markets to more fully price in a 25bp rate increase by the Bank of Japan in July, says the member of CBA's Global Economic & Markets Research team. USD/JPY is 0.1% lower at 149.01; AUD/JPY edges down 0.1% to 93.94; EUR/JPY is 0.1% lower at 156.21. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 26, 2025 19:48 ET (00:48 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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