The USDJPY pair tumbles below 158 mark amid lower than expected June CPI data, which weakened the US dollar; 10-year treasury yields are dropping now by almost 10 basic points below 4.2%. The US inflation data may signal more 'dovish' Fed next months with even 3 rate cuts possible (25% probability) this year according to Fed fund futures; September cut is priced in with almost 85% certainty after today US data. After the US dollar decline, USDJPY pair weakened and the scale of today sell-off may suggest even Bank of Japan intervention, with a good for Japanese yen 'timing' after US CPI data.

Source: xStation5
🔴Three Markets to Watch Next Week: US500, BITCOIN, EURUSD (30.10.2026)
Chart of the Day: USDJPY After Fed and BoJ decisions. Is Japan getting closer to another rate Hhike?
Economic Calendar: Preliminary European GDP and German Inflation in Market Focus
ECB Holds Rates Unchanged💶 EURUSD down 📉