USD/JPY slips as Japan's core inflation hits two-year high

  • The Japanese Yen (JPY) continues to appreciate against the US Dollar (USD), extending gains after Japan's core consumer inflation surprised to the upside. The USD/JPY pair slipped below 144.00 after posting a modest gain on Thursday to trade near 143.00 during the European session on Friday, down over 0.50% on the day.