USD/JPY is expected to trade mainly around the ¥154 level tomorrow. Following the U.S. CPI release, the market is focused on the view that the probability of an FOMC rate hike will reach a high level.
In tomorrow's foreign exchange market, USD/JPY is expected to trade mainly around the ¥154 level, with an anticipated range of ¥153.90 to ¥154.90.
Following the release of the U.S. August Consumer Price Index (CPI) on the 11th, the view has emerged that the probability of a 0.25% rate hike by the Federal Open Market Committee (FOMC) has risen to approximately 90%.
Market attention is said to be shifting to the outlook for additional rate hikes thereafter.