Forexlive Americas FX news wrap: Hot UMich inflation expectations cool Fed rate cut talkBy Editor / May 17, 2025 Forexlive Americas FX news wrap: Hot UMich inflation expectations cool Fed rate cut talk Author: USDJPY. Key points: UMich May prelim consumer … It was a broad move in the dollar that included a rise in USD/JPY to 146.05 from 145.45. EUR/USD news