USD/JPY Range Bound as BOJ Rate-Hike Speculation Cools Dollar Buying

The USD/JPY pair is expected to trade within a range of 152.60-154.40 in European and U.S. foreign exchange markets on September 10, according to Sohei Uehara of Gaitame.com Research Institute.

However, even if the U.S. August Producer Price Index (PPI) accelerates as expected, dollar buying is likely to remain limited, with investors preferring to wait for the release of the U.S. Consumer Price Index (CPI) data.

The market's primary focus remains on the CPI data, which will provide a more comprehensive picture of inflation in the United States.