Japan CPI preview: core seen at 2.1%, topping BoJ target for first time since December
USD/JPY has held a tight range this month between just under 157 and just under 159, with the 200-day EMA just above 157.50. A firm print would test the lower end of that range, while a soft one would push the pair back toward 159, where…
VOID Report: Japan's September CPI Meets Expectations, Core Inflation Tops BoJ Target
Japan's consumer price index (CPI) for September 2026 came in at 2.1% year-over-year, meeting expectations, according to ForexLive. The core CPI, which excludes certain volatile items, also matched forecasts at 2.1%, surpassing the Bank of Japan's target for the first time since December. This marks an increase from the prior month's 1.9% and 1.7%, respectively.
The core-core CPI, which further excludes food and energy, was reported at 2.4%, slightly above the expected 2.3% and significantly up from the previous 1.9%. These figures have implications for the currency market, particularly for the USD/JPY pair, which has been trading within a narrow range. A firm CPI print could influence the pair's movement, potentially testing the lower end of its recent trading range.
The USD/JPY pair has been holding steady, with its 200-day exponential moving average (EMA) just above 157.50. According to ForexLive, a strong CPI reading could pressure the lower end of the pair's current range, near 157, while a weaker reading might push it back toward 159.
The details of how these CPI figures will influence future monetary policy decisions by the Bank of Japan, or the broader market reactions, have not been reported yet. Readers should watch for further analysis and potential market movements in response to these inflation figures.
Written with AI by Noticiero VOID from facts reported by ForexLive, ForexLive. How we do it ·