Weak Japan Data and High US Inflation Put Pressure on Key USD/JPY Levels Ahead of Central Bank Meetings
- Weak Japanese economic data dampens optimism for BoJ policy change
- Fed expected to keep rates unchanged but inflation could add to hawkish bets
- Key USD/JPY support zone under threat
- No major BoJ policy changes expected at December meeting
- US data like inflation and retail sales could spark more USD strength