Japanese Yen and Aussie Dollar Forecasts: Eyes on Japan PPI and US CPI Data

USD/JPY traders brace for inflation signals from Japan. Economists forecast producer prices to rise 3.5% year-on-year (YoY) in May, down from 4% in April. A weaker-than-expected print may further dampen bets on a 2025 Bank of Japan rate hik https://www.fxempire.com/forecasts/article/japanese-yen-and-aussie-dollar-forecasts-eyes-on-japan-ppi-and-us-cpi-data-1524980