This article examines the USD/JPY’s technical outlook, analyzing key price levels that traders should watch over the coming trading sessions.

US CPI has ticked up unexpectedly, if not yet to the sort of levels which might cause the market to seriously rethink its rate-cut bets

US inflation came in above expectations in February but the market is currently shrugging off the data having any impact on policy as US rate cut expectations remain unchanged.

The latest official UK labor statistics show the UK jobs market cooling a fraction with the unemployment rate nudging higher and wages ticking lower.