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Forex pairs in this Article » USD/JPY (Córdoba) - The USD/JPY was barely affected by US August consumer inflation figures which came in a tad softer than expected.

US CPI data goes unnoticed

Consumer prices rose a seasonally adjusted 0.1% in August, versus 0.2% expected, the Labor Department said Tuesday. Consumer prices have risen 1.5% over the past 12 months versus 1.6% expected and down sharply from 2% in July.

USD/JPY remained steady above 99.00 following the data as ahead of the FOMC verdict, investors seem unwilling to take big positions. At time of writing, the pair is trading at the 99.10/15 zone, 0.1% above its opening price.

USD/JPY technical levels

As for technical levels, immediate supports for USD/JPY are seen at 99.00 (psychological level/daily low) and 98.45 (Sep 16 low), while resistances could be found at 99.35 (daily high) and 99.60 (200-hour SMA).
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