{"id":17286,"date":"2025-02-27T03:25:28","date_gmt":"2025-02-27T03:25:28","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=17286"},"modified":"2025-02-27T03:25:28","modified_gmt":"2025-02-27T03:25:28","slug":"jpy-gains-with-fridays-tokyo-cpi-in-focus","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/jpy-gains-with-fridays-tokyo-cpi-in-focus\/","title":{"rendered":"JPY Gains, with Friday&#8217;s Tokyo CPI in Focus"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/yen5-1024x559.png\" alt=\"\" class=\"wp-image-17043\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>USD\/JPY trades at 149.178<\/strong>, recovering from a session low of <strong>148.735<\/strong>.<\/li>\n\n\n\n<li><strong>JPY strengthens ahead of Tokyo CPI<\/strong>, seen as a key indicator for BOJ policy.<\/li>\n\n\n\n<li><strong>Markets price in a potential 25bps BOJ rate hike in July.<\/strong><\/li>\n\n\n\n<li><strong>EUR\/JPY and AUD\/JPY edge lower amid cautious sentiment<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>The <strong>Japanese yen maintained a steady stance<\/strong> in early trading, with <strong>USD\/JPY closing at 149.178<\/strong>, slightly higher after touching a session low of <strong>148.735<\/strong>. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Tokyo inflation likely eased in Feb on govt steps amid inflation pressure &#8211; Reuters poll <a href=\"https:\/\/t.co\/NS85IWmK4y\">https:\/\/t.co\/NS85IWmK4y<\/a> <a href=\"https:\/\/t.co\/bT7Sn8si7K\">pic.twitter.com\/bT7Sn8si7K<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1892841707726631410?ref_src=twsrc%5Etfw\">February 21, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Traders are closely watching the upcoming <strong><a href=\"https:\/\/www.stat.go.jp\/english\/data\/cpi\/1582.html\" title=\"\">Tokyo CPI data<\/a><\/strong>, which is often a <strong>precursor to nationwide inflation<\/strong> and a key influence on the <strong>Bank of Japan\u2019s policy outlook<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"450\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/1-2-1024x450.jpg\" alt=\"\" class=\"wp-image-17288\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: USDJPY consolidates around 149.178, eyeing resistance at 149.881\u2013as seen on the\u00a0<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p>USDJPY edged up <strong>0.07%<\/strong>, closing at <strong>149.178<\/strong> after opening at <strong>149.069<\/strong>. The session saw a low of <strong>148.735<\/strong> and a high of <strong>149.399<\/strong>, with price action fluctuating within a tight range.<\/p>\n\n\n\n<p>The moving averages (MA 5,10,30) show short-term strength, with the shorter MAs crossing above the longer-term average. The MACD (12,26,9) indicates recovering momentum as the histogram turns green, suggesting a possible continuation of the upward movement.<\/p>\n\n\n\n<p>Key levels to watch include <strong>148.556<\/strong> as support and <strong>149.881<\/strong> as resistance. A breakout above resistance may open the door for further upside, while a drop below support could indicate renewed selling pressure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">BOJ Rate Hike Expectations Build<\/h2>\n\n\n\n<p>Persistent inflation could lead markets to fully price in a <strong>25bps rate hike by July<\/strong>, driving yen strength. However, <strong>USD\/JPY remains within a consolidation range<\/strong>, with support at <strong>148.55<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Market Outlook<\/h2>\n\n\n\n<p>With <strong>inflation data and BOJ rate expectations in focus<\/strong>, traders should watch for <strong>USD\/JPY price action around 149.00<\/strong>. A <strong>strong CPI reading may accelerate yen gains<\/strong>, while a weaker figure could support the dollar.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong>&nbsp;and&nbsp;<\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a><\/strong><strong>&nbsp;now.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/JPY holds at 149.178 as traders eye Tokyo CPI for BOJ rate hike clues; support at 148.55, resistance near 149.40. &#8211; vtmarkets.com <\/p>\n","protected":false},"author":66,"featured_media":17043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[45],"class_list":["post-17286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-yen"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/17286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=17286"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/17286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/17043"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=17286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=17286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=17286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}