Story perspectives
USD/JPY Drops as Tariff Concerns and CPI Rise
3/30/2025
25 5
1 of 1
Story summary
- USD/JPY experiences selling pressure despite US core PCE inflation rising to 2.8% year-on-year.
- Investors await President Trump's tariff announcement, potentially affecting global inflation and growth.
- Strong Tokyo CPI data at 2.9% supports the Japanese Yen, raising expectations for Bank of Japan rate hikes.
- The USD/JPY pair declines over 0.3%, currently trading around 150.50.
