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USD/JPY returns above 159.00 with Iran’s peace deal on tenterhooks

The US Dollar (USD) remains steady, relatively close to the key 160.00 level against the Japanese Yen (JPY) on Friday, as the fragility of the ceasefire in Iran has prompted investors to cut down US dollar shorts.
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USD: Inflation focus into CPI release – TD Securities

TD Securities’ Global Strategy Team highlights that United States (US) Consumer Price Index (CPI) is the key event, with core inflation expected to rise 0.27% m/m and headline CPI to jump 0.90% m/m as higher Oil prices feed through.
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