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USD/JPY approaches 151.00 ahead of US core PCE, Japan’s Inflation data

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  • USD/JPY advances toward 151.00 as uncertainty over BoJ’s plans of exiting the dovish monetary stance deepens.
  • The Fed is widely anticipated to keep interest rates unchanged in March and May policy meetings.
  • Investors await the US core PCE inflation and Japan’s inflation data.

The USD/JPY pair marches toward the crucial resistance of 151.00 in the early New York session. The asset holds strength amid uncertainty ahead of a data-packed weak.

Considering slightly bullish overnight futures, the S&P500 is…



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