Japanese inflation is announced Friday, and the dollar/Japanese yen may continue trading this week near the height of the year

ON 20 JULY, THREE MEMBERS OF THE GLOBAL ECONOMIC AND MARKET RESEARCH BRANCH OF THE AUSTRALIAN FEDERAL BANK (CBA) NOTED IN A STUDY THAT THE UNITED STATES DOLLAR/JAPANESE YEN COULD CONTINUE TO BE AROUND THE HEIGHT OF 162.84 THIS WEEK. JAPAN WILL PUBLISH INFLATION DATA THIS FRIDAY, AND MARKET ATTENTION WILL FOCUS ON THAT DATA. IF THE CORE INFLATION RATE IS WEAKER THAN EXPECTED, IT MAY AFFECT THE MARKET’S EXPECTATIONS OF THE NEXT INTEREST RATE HIKE FOR THE JCB, WHICH COULD LEAD TO A RISE IN THE US DOLLAR/JAPANESE YEN TO A HIGH RESISTANCE POINT DURING THE YEAR. KIM XIAN