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Flash: USD/JPY a poor performer on Japanese inflation – TD Securities

FXstreet.com (London) - Research teams at TD Securities noted the inflation count for Japan.

Key Quotes:

“Inflation continues to creep higher, +0.9%/yr for national measure for Aug and +0.5%/yr for the Tokyo measure for Sept, reflecting the lower exchange rate rather than true demand pull-inflation”.

USD/CHF stalled below 0.9060

USD/CHF bounced off 9-month lows and continues extending a short-term bullish channel but remains capped below the 0.9060 strong resistance zone in the afternoon of the American trading session.
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