Yen prepared a surprise. Forecast as of 30.10.2023

High inflation and significant QE spending suggest that BoJ's yield curve control policy is no longer appropriate. It's time to normalize monetary policy. But will the Bank of Japan meet the expectations of investors? Let us discuss the Forex outlook and make up a USDJPY trading plan.

Weekly Japanese yen fundamental forecast

Inaction is sometimes also action. However, to gain time, the regulator needs to take some steps. The Bank of Japan faces a difficult choice. It could leave it as is and send the USDJPY to multi-year highs while opening the door for a speculative attack on its yield… Read full author’s opinion and review in blog of #LiteFinance