Japanese Yen futures jump ahead of national CPI report.

Bob Iaccino breaks down the recent price action in Japanese Yen futures, highlighting a recovery after six lower closes in the last seven sessions. The yen found support from the U.S. Treasury's announcement to double the size of its long-dated buybacks, increasing operations in the 10- to 30-year part of the curve to at least 4 billion. Looking ahead, Iaccino previews Japan's upcoming national CPI report, noting that June core inflation remained below the Bank of Japan's 2% target and exploring how tomorrow's numbers could influence future central bank policy and currency direction.