Skip to main content
BTC / USDT——ETH / USDT——SOL / USDT——BNB / USDT——XRP / USDT——DOGE / USDT——TON / USDT——AVAX / USDT——LINK / USDT——ADA / USDT——TRX / USDT——DOT / USDT——BTC / USDT——ETH / USDT——SOL / USDT——BNB / USDT——XRP / USDT——DOGE / USDT——TON / USDT——AVAX / USDT——LINK / USDT——ADA / USDT——TRX / USDT——DOT / USDT——
Pricing
fxJul 14, 2026, 4:37 PM

Yen Gains as Soft US CPI Dents Fed Hike Expectations

The Japanese Yen strengthened more than 0.31% against the US Dollar after a softer-than-expected US inflation report prompted traders to scale back hawkish Fed bets. USD/JPY traded at 161.93.

USDJPY

The Japanese Yen rose sharply against the US Dollar on Wednesday, driven by a weaker-than-anticipated US Consumer Price Index (CPI) report. The data led traders to reduce expectations for further Federal Reserve interest rate hikes, weighing on the greenback.

USD/JPY fell to 161.93 after hitting a daily high earlier in the session, marking a decline of over 0.31% for the pair. The move reflects a shift in sentiment as inflation figures came in below consensus, easing pressure on the Fed to maintain an aggressive tightening stance.

Source: FXStreet Forex News