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USD/JPY drops under 140.00, lowest since the middle of June

Eamonn Sheridan
12/07/2023 | 00:20 GMT

USD/JPY is continuing its fall, extedning under 140.00 in Asia morning trade.

Apart from what has already been posted, the most notable news being Japanese wholesale inflation has slowed for the six month in a row:

  • Japan PPI (June)-0.2% m/m (expected +0.2%)

And this also:

  • Yen rises on speculation of BOJ policy shift

Note, the Nikkei may be gated.

There is nothing else fresh.

usdyen under 140 Japan ppi slow for 6 months

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