Chart - Courtesy Trading View
USD/JPY was trading unchanged at 146.98 at around 15:40 GMT, outlook remains bullish.
The US dollar rose sharply immediately after upbeat September US CPI report that showed higher-than-expected readings.
Data released earlier on Thursday showed US Consumer Price Index rose 0.2% in September above the 0.1% of market consensus. The annual core rate hit a new decade high at 6.6%.
The dollar jumped as US yields soared to fresh multi-year highs. However, the greenback lost momentum with a rebound in equity prices.
Technical indicators support gains. Oscillators are at overbought levels, bit no signs of reversal seen.
