USD/JPY AI Live Scan, 1-hour chart, Thursday, 12 November 2026
Every read JAFX AI made on the USD/JPY 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:02 UTC
Uptrend, pausing under 160.00 · RSI 58 · price 159.81
Post-breakout consolidation 159.48–159.94 above rising EMAs.
The week opened near 158.29 and held a tight range through Monday. Tuesday's hot US core CPI started the CPI impulse at the NY open, and Wednesday's NY session carried it through the 159.00 breakout. Since then price has consolidated between the 159.48 range low and the 159.94 range top. In Thursday's NY session one bar spiked to a 160.04 week high and down to 159.32, a rejection at the 160.00 line amid MoF intervention warnings, before price closed back above the rising ema20 at 159.75. RSI(14) at 57.8 has cycled 50–67 without reaching overbought, and ATR(14) is easing back to 17.2 pips after that spike.
Support: 159.75, 159.48, 159.00
Resistance: 159.94, 160.04
What it said to watch
H1 close above the 160.04 week high breaks the consolidation, though MoF intervention risk near 160.00 is unscheduled
Failure to hold the ema20 at 159.75 puts the 159.48 range low back in play
Close below 159.48 range low exposes the 159.00 breakout level and the CPI impulse retracement
Fed's Williams at 23:30 UTC and US PPI Fri 13:30 UTC could materially shift this read
Stair-step higher lows since Monday, now ranging under the week high.
After Monday's dip to 157.67, the hot US CPI print lifted the pair during Tuesday's NY session, and Wednesday's NY open pushed it through 159.00 toward the 159.94 prior high. Thursday's NY-hours probe to a 160.04 week high met a sharp rejection to a 159.32 spike low as MoF intervention warnings hung over 160.00. Price has since recovered back above EMA(20), with RSI(14) cooling from 69.5 to the high 50s and ATR easing to 17.8 after the spike.
Support: 159.739, 159.477, 159.319
Resistance: 159.94, 160.044
What it said to watch
H1 close above the 160.04 week high would break the consolidation; any MoF action near 160.00 could reverse the move sharply
Failure to hold the 159.48 Asia low puts the 159.32 spike low and the higher-lows line in focus
Hourly closes back below ema20 at 159.74 would show the pullback rhythm since Wednesday breaking down
Fed's Williams at 23:30 UTC and US PPI Fri 13:30 UTC could materially shift this read
Higher lows from Monday's low, now a 159.48–159.94 range after a failed 160.00 spike.
USDJPY has climbed roughly 240 pips from Monday's 157.67 low. Both main legs came in the NY session: the first after Tuesday's hot core CPI, the second on Wednesday afternoon through 159.00 to the 159.94 prior high. Since then price has held a range, with today's Asia low at 159.48 roughly matching the week impulse fib 23.6%. Today's NY spike to the 160.04 week high reversed to 159.32 within the hour as MoF warnings capped the move, and price has since recovered above a rising EMA(20) at 159.73, with RSI(14) at 59.8 posting a lower high against the new price high.
Support: 159.728, 159.477, 159.319
Resistance: 159.94, 160.044
What it said to watch
H1 close above the 160.04 week high would void the false-break read, with MoF intervention risk elevated through 160.00
Failure to hold the 159.48 Asia low (week impulse fib 23.6%) would break the range floor and expose the 159.32 spike low, with EMA(50) at 159.42 in between
Repeated closes below EMA(20) at 159.73 would confirm the bearish RSI divergence is weighing
Fed's Williams at 23:30 UTC and Friday's US PPI at 13:30 UTC could materially shift this read
Higher lows since Tuesday; 159.48–160.04 consolidation after rejection at the 160.00 psych level.
USDJPY has climbed about 240 pips from Monday's 157.67 low. The two dominant legs came in the NY session: Tuesday's hot core CPI and Wednesday's push through 159.00. Today's 16:00 UTC bar printed a week high at 160.04 and reversed to a 159.32 spike low, a false break of the 160.00 psych level as MoF warnings capped the move, while RSI(14) peaked lower at 64.7 against 69.5 earlier in the day. Price has since recovered above a rising EMA(20) at 159.71, with ATR expanding to 19–21 pips on the spike, and remains in a 159.48–160.04 consolidation.
Support: 159.711, 159.477, 159.319
Resistance: 160.00, 160.044
What it said to watch
An H1 close above the 160.04 week high would negate the false break read at the 160.00 psych level
A break below the 159.48 Asia low and the rising support line would expose the 159.32 spike low and the 38.2% fib near 159.14
Holding the EMA(20) at 159.71 on pullbacks keeps the higher-low sequence intact
Fed's Williams at 23:30 UTC and US PPI Friday 13:30 UTC could materially shift this read; MoF intervention risk persists near 160.00
19:02 UTC
Uptrend, stalling under 160.00 · RSI 58 · price 159.852
Higher lows since Monday, now consolidating 159.48–160.04.
The rally from Monday's 157.67 low began with the hot US CPI print in Tuesday's NY session. Wednesday's NY open then cleared the 159.00 breakout level, part of a roughly 240-pip climb in the week. Since then the pair has been consolidating under 160.00 with intervention warnings capping it. Today's NY-hours poke to the 160.04 week high was a false break, spiking to a 159.32 low before recovering. Price now holds back above the rising ema20 at 159.70, with RSI(14) at 58.1 and ATR expanding to 20.3 pips. The Asia low at 159.48, which is also the 23.6% fib of the week's impulse, is the shelf beneath.
Support: 159.699, 159.48, 159.00
Resistance: 159.94, 160.044
What it said to watch
H1 close above the 160.04 week high and the 159.94 prior high would end the consolidation read
Failure to hold the ema20 and the 159.48 Asia low exposes the 159.32 spike low and the 159.00 breakout level
Fed's Williams at 23:30 UTC and US PPI Fri 13:30 UTC could materially shift this read
MoF intervention rhetoric near 160.00 carries risk of outsized moves against the uptrend
Higher highs since CPI; false break above 160 then recovery.
USD/JPY has climbed from Monday's 157.67 low on Tuesday's hot US CPI, with NY hours driving both the CPI leg and Wednesday's break through 159.00. Price still holds above EMA(20) at 159.685 and EMA(50) at 159.369. Thursday's NY push to a 160.04 week high reversed sharply to a 159.32 spike low amid MoF intervention warnings, a false break above 160. RSI(14) peaked at 64.7 on that push against 73.6 at Wednesday's prior high near 159.94, a bearish divergence, while ATR(14) has expanded to 21 pips from 14 and Thursday's asia low at 159.48 sits on the 23.6% fib of the week's rally.
Support: 159.685, 159.477, 159.319
Resistance: 159.937, 160.044
What it said to watch
Fed's Daly (18:10 UTC) and Schmid (18:30 UTC) within the hour could shift this read; Williams at 23:30 UTC
H1 close above the 160.04 week high would negate the false-break read, with intervention risk escalating above 160
H1 close back below ema20 at 159.685 exposes the asia low at 159.48 and the 23.6% fib
Failure to hold the 159.32 spike low would mark a lower low and point toward the 38.2% fib near 159.14
US PPI Fri 13:30 UTC (core YoY f/c 5%) is the main catalyst for a retest of the prior high at 159.94
Post-CPI breakout into a 159.48–159.94 range; spike above 160 rejected.
USD/JPY has climbed roughly 240 pips from Monday's 157.67 low. Tuesday's hot US CPI broke the 158.20 shelf, and Wednesday's NY session pushed price through the 159.00 broken res level into a range capped near the 159.94 range top. A spike to 160.04 during NY hours today was rejected back to 159.60, with the wick tagging 159.32 near ema50 (159.353), so price now sits below ema20 (159.676) but above ema50, while RSI(14) at 49.6 against 81.6 at Wednesday's high marks a bearish divergence and ATR(14) has expanded to 20.9 pips.
Support: 159.477, 159.353, 159.00
Resistance: 159.676, 159.94, 160.044
What it said to watch
H1 close back above ema20 at 159.676 puts the 159.94 range top and the 160.044 spike high back in play
Failure to hold the Asia low at 159.477 (23.6% fib of the CPI impulse) exposes ema50 at 159.353 and the 159.00 broken res
Fed's Daly and Schmid within the next 90 minutes, then US PPI Fri 13:30 UTC, could materially shift this read
MoF intervention warnings keep two-way risk elevated around 160.00
Post-breakout consolidation 159.48–159.98 with higher lows.
USD/JPY has climbed about 230 pips from Monday's 157.67 NY-session low. Tuesday's hot US CPI drove the NY-hours breakout and Wednesday's NY open extended it toward 160.00. Since then price has compressed in a 159.48–159.98 range under the round number, printing higher lows from the Asia low while holding above a rising EMA(20) at 159.68. The NY-session push to a 159.98 week high came with RSI(14) at 64.7 against mid-80s readings on Wednesday's run, a bearish divergence, as MoF intervention warnings keep supply capping the topside.
Support: 159.684, 159.477, 159.00
Resistance: 159.982, 160.00
What it said to watch
H1 close above the 160.00 round number breaks the consolidation, though intervention risk escalates at that level
H1 close below the 159.48 range low ends the higher-low sequence and opens 159.00 broken resistance, near the 38.2% retracement of the week impulse
Loss of the ema20 at 159.68 would be the first sign the higher-lows line is giving way
Fed's Goolsbee (16:30 UTC), Daly, Schmid and Williams today could materially shift this read
US PPI Friday 13:30 UTC is the next scheduled catalyst for a test of 160.00 or a deeper pullback
Post-CPI impulse, 159.48–159.94 range with higher lows.
Tuesday's hot US CPI print in the NY session broke USD/JPY out of the 157.67–158.25 range held since the weekly open, and Wednesday's NY push extended the impulse to the 159.94 week high. Since then price has held a 159.48–159.94 range with higher lows and pullbacks probing EMA(20), now pressing the range top again into the NY session. RSI(14) at 63.6 sits well below the 87 reading at Wednesday's high, a bearish divergence, while MoF intervention warnings cluster around the 160.00 psych level.
Support: 159.661, 159.477, 159.00
Resistance: 159.944, 160.00
What it said to watch
H1 close above the 159.94 week high and 160.00 psych level breaks the consolidation, with MoF intervention risk escalating there
Break of the higher-lows trendline and an H1 close below the 159.48 range low opens a deeper pullback toward the 159.00 broken resistance
A sustained hold above EMA(20) at 159.66 keeps the post-CPI uptrend structure intact
Fed's Goolsbee (16:30 UTC), Daly and Schmid today, then US PPI Fri 13:30 UTC, could materially shift this read
USD/JPY has climbed about 230 pips from Monday's 157.67 low on Tuesday's hot US CPI and Fed hike repricing. Both main legs came into the NY open on Tuesday and Wednesday, with the 159.00 breakout clearing the prior range. Since Wednesday's NY session the pair has held a 159.48–159.94 consolidation under the 160.00 psych line as MoF warnings capped the upside. Thursday's London-open retest of the week high came with RSI(14) at 59 versus 88 on Wednesday, a bearish divergence, while price holds just above a flattening EMA(20) at 159.64, with the Asia low at 159.48 marking the range floor.
Support: 159.64, 159.477, 159.00
Resistance: 159.944, 160.00
What it said to watch
An H1 close above the 159.94 week high and the 160.00 psych line would end the range read, with MoF intervention risk rising at that level
An H1 close below the 159.48 Asia low breaks the range floor and opens the 159.00 breakout area, near the 38.2% of the CPI leg
Fed speakers today (Barr in ~1h, Goolsbee, Daly, Williams later) and Friday's 13:30 UTC PPI could materially shift this read
A sustained hold below the ema20 at 159.64 would confirm the range is rolling over
Post-breakout range 159.48–159.94 after CPI rally; equal highs at the top.
After a gap-down weekly open at 158.31 and a Monday NY low at 157.67, Tuesday's hot US CPI print started the CPI rally in the NY session, and Wednesday's NY leg cleared the 159.00 breakout level to 159.94. Since then price has ranged between the 159.48 Asia low and the 159.94 week high. Thursday's London retest of the high failed with RSI(14) at 59 against 88 on the first peak, a bearish divergence, as Mimura's intervention warnings capped the move. Price now sits flat on EMA(20) at 159.63 with RSI at 54.3 and ATR steady near 15.6 pips, while EMA(50) at 159.28 is still rising beneath.
Support: 159.48, 159.281, 159.00
Resistance: 159.94, 160.00
What it said to watch
Initial Jobless Claims at 13:30 GMT and the Fedspeak slate (Hammack, Barr, Goolsbee, Daly) could break the 159.48–159.94 range within hours
H1 close below the 159.48 Asia low confirms the double top and exposes ema50 at 159.28, then the 159.00 breakout near the 38.2% CPI rally fib
H1 close above the 159.94 week high voids the double top read and puts the 160.00 psych level in play, with MoF intervention headline risk there
Friday's US PPI (core y/y f/c 5%) is the next high-impact catalyst for range resolution
Post-breakout range 159.48–159.94 above the 159.00 range top.
USD/JPY has climbed roughly 230 pips from Monday's 157.67 low. Tuesday's hot US CPI started the leg in the NY session, and Wednesday's NY session broke through the 159.00 breakout level. Since then price has compressed in a 159.48–159.94 band under 160.00, and the London-open push to a 159.94 week high was rejected as MoF intervention warnings capped the move. RSI(14) has unwound from 88 to 56 while price holds just above a flattening EMA(20) at 159.63, with EMA(50) rising beneath at 159.27.
Support: 159.632, 159.477, 159.00
Resistance: 159.944, 160.00
What it said to watch
H1 close below the 159.48 range low exposes the 159.00 breakout level and the 38.2% fib near 159.07
A clean break of the 159.94 week high brings psych 160 and intervention risk into play
Sustained trade below EMA(20) at 159.63 would mark the first loss of short-term momentum since Wednesday
US Initial Claims at 13:30 UTC and the Fed speaker slate from 14:00 UTC could shift this read, with US PPI on Friday the main test of 160.00
Higher highs since Tuesday; possible double top at 159.94.
USD/JPY has run from Monday's 157.67 low after Tuesday's hot US CPI. Wednesday's NY session pushed it through the 159.00 breakout level to a week high at 159.94. Thursday's London-open retest of that high faded, with RSI(14) at 59 against ~88 at Wednesday's peak, a bearish divergence; the twin highs form a possible double top just under the 160.00 psych line, where MoF intervention warnings sit. Price has slipped just below EMA(20) at 159.63 but holds above EMA(50) at 159.25, with Thursday's asia low at 159.48 as the double-top neckline.
Support: 159.48, 159.25, 159.00
Resistance: 159.63, 159.94, 160.00
What it said to watch
H1 close below the 159.48 asia low completes the double top and exposes the ema50 at 159.25
Failure to hold 159.25 brings the 159.00 breakout level and the 38.2% fib of the week rally (~159.07) into play
H1 close above the 159.94 week high voids the double top and puts the 160.00 psych line and intervention risk in focus
US Initial Jobless Claims at 13:30 UTC (f/c 195K) and the Fedspeak slate today could shift this read
Friday's US PPI is the week's main USD catalyst for a test of 160.00
Post-breakout consolidation 159.48–159.94 above rising EMAs.
USD/JPY left Monday's 157.67–158.96 range after Tuesday's hot US CPI beat, then accelerated through 159.00 during Wednesday's NY session to print a week high at 159.94, just under the 160.00 psych level where intervention warnings sit. Since then H1 has compressed into a 159.48–159.94 band. RSI(14) has unwound from 88 to 58.5 while price holds above a flattening EMA(20) at 159.63 and a rising EMA(50) at 159.24. Early European trade today retested the week high and was turned back, leaving a flat cap across Wednesday's and Thursday's highs.
Support: 159.63, 159.48, 159.235
Resistance: 159.94, 160.00
What it said to watch
H1 close above the 159.94 week high brings the 160.00 psych level and MoF intervention risk directly into play
Failure to hold the 159.48 Asia low turns the flat cap into a double-top read and exposes the ema50 at 159.24
A deeper pullback below the ema50 targets the 38.2% fib of the week's impulse near 159.08, back at the broken 159.00 range top
Initial Jobless Claims at 13:30 UTC and the Fed speaker slate from 14:00 UTC could materially shift this read
Escalating MoF/Mimura rhetoric near 160.00 risks a sharp spike-and-reversal
Post-breakout consolidation 159.48–159.94 above rising EMAs.
The week opened soft, printing the 157.67 low in Monday's NY session. The pair then turned on Tuesday's hot US CPI, which drove a NY-hours break higher, and Wednesday's NY session extended through the 159.00 range top. Since then price has stalled in a 159.48–159.94 band beneath the 160.00 psych level, where Mimura's verbal warning and intervention fears have capped the advance. Thursday's retest of the week high came with RSI(14) at 59 against 88 on the first test, a bearish divergence. Price is holding just above a flattening EMA(20) at 159.62, with EMA(50) at 159.22 still rising, while RSI has unwound from overbought and ATR sits steady near 16 pips.
Support: 159.622, 159.477, 159.00
Resistance: 159.944, 160.00
What it said to watch
H1 close below the 159.48 Asia low breaks the consolidation floor and exposes the 159.00 range top
Sustained hold above the 159.94 week high puts the 160.00 psych level and intervention risk in play
Repeated closes below ema20 would mark the first loss of the post-CPI EMA(20) support
Initial Jobless Claims at 13:30 UTC and Fed speakers from 14:00 UTC could materially shift this read
Fib 38.2% of the week's advance sits near 159.07, just above the 159.00 range top
Higher lows since Monday's 157.67 low; double test of 159.94 week high.
After Monday's dip to 157.67, Tuesday's hot US CPI lifted the pair off the 158.00 base in the NY session, and Wednesday's NY hours extended the rally to 159.94 as hawkish Fed repricing kept USD bid. The London open today retested the week high at 159.94, just under the 160.00 psych level where MOF intervention warnings sit, and closed back near 159.70. RSI(14) is 59 against 88 at Wednesday's high, a bearish divergence, while price still holds above EMA(20) at 159.615 and the Asian low at 159.48 keeps the higher-low sequence intact.
Support: 159.615, 159.477, 159.197
Resistance: 159.944, 160.00
What it said to watch
H1 close below the 159.477 asian low breaks the rising support line and the higher-low sequence
Loss of EMA(20) opens EMA(50) at 159.197, near the 38.2% fib of the week rally (~159.07)
H1 close above 160.00 psych clears the week high double test, with MOF intervention risk escalating above that mark
US Initial Jobless Claims at 13:30 UTC and Fed speakers from 14:00 UTC could shift this read
Higher lows since Monday's low; post-breakout consolidation 159.48–159.94.
From Monday's 157.67 low the pair turned higher on the hot US CPI print in Tuesday's NY session. It then broke the 159.00 range top in Wednesday's NY session, setting a week high at 159.94 as RSI(14) peaked near 88. MOF 'too rapid' warnings drove an Asia-session pullback to the 159.48 asian low, which held above the higher-lows line. Price has since recovered to 159.84, above the rising EMA(20) at 159.605, with RSI back at 67.6 and ATR steady around 15 pips.
Support: 159.605, 159.477, 159.00
Resistance: 159.937, 160.00
What it said to watch
H1 close back below the ema20 at 159.605 and the 159.477 asian low would break the higher-lows sequence
Acceptance above the week high at 159.94 puts the 160.00 psych level in play, where intervention risk is flagged
Loss of the 159.00 range top would undo Wednesday's breakout
US Initial Jobless Claims at 13:30 UTC and the Fed speaker run from 14:00 UTC could shift this read
Escalation in MOF language or reports of rate checks near 160.00 could trigger a sharp yen spike
Higher lows since Monday; 159.00 range top broken, shallow pullback above EMA(20).
USD/JPY has climbed from Monday's 157.67 low, opening the week at 158.31. The move came in two legs, both starting in the NY session: the first after Tuesday's hot US CPI, the second on Wednesday through the 159.00 range top to a 159.94 week high. RSI(14) has unwound from 88 to 65.6, and today's Asia low at 159.48 held near the EMA(20), now at 159.57, with price above both EMAs. Mimura's 'too rapid' warning near psych 160 has so far produced only this shallow pullback, holding well above the 38.2% retracement of the CPI rally fib near 159.07.
Support: 159.567, 159.477, 159.00
Resistance: 159.937
What it said to watch
H1 close below the 159.48 asia low and ema20 exposes the 159.00 range top
Return below 159.00 would turn Wednesday's breakout into a false break
Push above the 159.94 week high brings psych 160 and intervention risk into play
Jobless Claims 13:30 UTC and Fed speakers from 14:00 UTC, then US PPI Friday, could materially shift this read
Loss of the higher lows trendline from Tuesday breaks the CPI-driven sequence
Post-breakout consolidation above ema20 after a run of higher lows.
After Monday's dip to the 157.668 week low, the CPI rally began in Tuesday's NY session on the hot US print and extended through the 159.00 breakout level in Wednesday's NY hours to a 159.937 week high, just shy of the 160.00 psych and intervention line. Today's Asia session pullback to the 159.477 asia low dipped briefly under ema20 but closed back above it, extending the run of higher lows. RSI(14) has cooled from 88 to 65.4 as price consolidates under the week high, with MoF jawboning capping the approach to 160.00.
Support: 159.549, 159.477, 159.00
Resistance: 159.937, 160.00
What it said to watch
H1 close below the 159.477 asia low breaks the higher lows sequence and exposes the 159.00 breakout level
H1 close above the 159.937 week high puts the 160.00 psych/intervention line in play, where MoF rhetoric or rate-check headlines could trigger sharp two-way moves
US Initial Jobless Claims (13:30 UTC, f/c 195K) and Fedspeak from Hammack, Barr, Goolsbee and Daly later today could shift 50bp December pricing and this read
Sustained trade below ema20 at 159.549 would turn the consolidation into a deeper retracement of the CPI rally
Higher highs and lows since Monday; shallow pullback after the 159.00 range-top break.
USD/JPY has printed higher highs and lows since Monday's 157.668 week low. The hot US CPI print lifted it out of the 157.7–158.5 band in Tuesday's NY session. Wednesday's London-NY push cleared the old 159.00 range top to a 159.937 week high, just shy of the 160.00 psych and intervention line. RSI(14) has cooled from 88 to 69.5, and today's Asia low at 159.477 found demand just below the ema20 at 159.528, a shallow dip that held above the 23.6% fib of the week's move.
Support: 159.528, 159.477, 159.00
Resistance: 159.937, 160.00
What it said to watch
H1 close below the 159.477 Asia low breaks the higher-low trendline and exposes the 159.00 range top, with EMA(50) near 159.075
Week high 159.937 and the 160.00 psych line: a break meets MoF intervention risk, while a rejection there would leave a lower high
US jobless claims at 13:30 UTC and Fed speakers today, Williams at 23:30 UTC, could shift US yields and this read
Friday's US core PPI is the next test for December 50bp pricing and for the yield driver behind this week's move
Higher lows since Monday; breakout leg pausing above ema20.
The week opened at 158.31 and Monday sold off to 157.67. Tuesday's hot US CPI started the higher-low sequence in the NY session, and Wednesday's NY breakout above 159.20 carried price to the 159.94 week high as USD extended to fresh yearly highs. RSI(14) peaked near 88 in overbought territory and has cooled to 62 through the Asia session, with the dip to 159.50 holding just above the ema20 at 159.48. That ema20 is still rising, as is the ema50 at 159.02.
Support: 159.482, 159.20, 159.02
Resistance: 159.937, 160.00
What it said to watch
H1 close below the ema20 at 159.48 would break the higher-lows trendline and expose the 159.20 breakout point
Loss of 159.20 brings the ema50 and the broken 159.00 area back into play, near the 38.2% retrace of the week impulse
Week high at 159.94 and the 160.00 psych level sit just below the intervention zone flagged in the yen digest, where snapback risk rises
US Initial Jobless Claims at 13:30 UTC and the Fedspeak slate into Williams late Thursday could materially shift this read
Higher lows since Monday, post-breakout pause above 159.50.
USD/JPY has climbed steadily from Monday's 157.67 week low. The hot US CPI lifted it off 158.18 in Tuesday's NY session, and Wednesday's London-NY transition carried a clean breakout through 159.00 to a 159.94 week high. Progress has stalled since, with price easing to the 159.56 asia low and RSI(14) cooling from 88 to 73.6, still overbought, while price holds above a rising EMA(20) at 159.47 that sits close to the rising trendline.
Support: 159.56, 159.47, 159.00
Resistance: 159.94
What it said to watch
H1 close below the 159.56 asia low and the ema20 at 159.47 would break the rising trendline of higher lows
Failure to hold the 159.00 breakout level, close to the 38.2% retracement of the week low-high fib, would turn the move into a false break
A push through the 159.94 week high brings the 160 psych level into play, where intervention risk is flagged
US jobless claims at 13:30 UTC and Fed speakers from 14:00 UTC Thursday, then core PPI on Friday, could materially shift this read