The Japanese Yen faced significant losses on Tuesday, January 13, as traders reacted to a stronger USD. The USD/JPY currency pair saw the exchange rate climb to 115.50, reflecting a 0.5% increase. Market sentiment shifted in anticipation of upcoming US Consumer Price Index (CPI) data, which could influence Federal Reserve policy and further impact the dollar's strength against major currencies.
Meanwhile, the Euro also experienced fluctuations, with the EUR/USD trading around 1.1300, down 0.3% as investors weighed the implications of rising inflation and potential interest rate adjustments. As the market awaits the CPI release, volatility is expected to increase, highlighting the ongoing relationship between economic data and currency valuation in the forex landscape.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-13 07:45
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.