USD/JPY Holds Near 149.50 After PCE Data Matches Forecasts

The yen remained steady on June 6 after U.S. core PCE inflation printed in line with expectations, leaving USD/JPY around 149.50 with no fresh catalyst. Earlier in the period, an investingLive calendar flagged low-impact Japanese data for June 5 that was expected to produce minimal market reaction. With no BOJ guidance and the wide U.S.-Japan rate differential still dominant, the pair has traded in a narrow range pending next week’s U.S. employment report.