USD/JPY has bounced higher despite a massive gain in Japanese inflation

The economic growth data from Japan for Q3 included a huge 5.1% rise in its inflation measure.

USD/JPY is shrugging off any stronger yen implications of this, bouncing back after the post-US CPI selloff for a partial retracement:

This article was written by Eamonn Sheridan at www.forexlive.com. Source