<p>In early October, it looked like 4% would be the ceiling but a hot CPI report and hawkish Fed talk has busted the top. We've now moved up a quarter point in three days.</p><p>Obviously this is a tailwind for the US dollar, but where does it stop?</p><p>In turn, USD/JPY is now up 17 pips on the day to 150.13 in what will be the 13th consecutive day of gains.</p>
This article was written by Adam Button at forexlive.com.
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