JPY

Tokyo headline CPI rose to 1.7% in June, the first reacceleration in eight months, but the yen stayed pinned at multi-decade lows as markets weigh BoJ hike expectations against a Federal Reserve that is no longer cutting

Japan's statistics bureau reported Tokyo's core consumer price index gained 1.6% year-on-year in June, with services inflation crossing 1% for the first time in four months, meeting the Bank of Japan's stated threshold for the next rate hike