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South Korea Producer Price Index Growth (MoM) climbed from previous 0.1% to 0.4% in July

South Korea Producer Price Index Growth (MoM) climbed from previous 0.1% to 0.4% in July
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USD/JPY Price Forecast: Consolidates but falls below 50-day SMA

USD/JPY prints back-to-back bearish days during the week, down 0.17% on Wednesday as the Greenback sold off on fears that the Trump administration threatens the Federal Reserve’s independence. At the time of writing, the pair trades at 147.37 after hitting a daily high of 147.81.
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