USD/JPY Outlook: Yen Clings to 3-Decade Low Against Dollar

<div><img width="838" height="554" src="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg" class="type:primaryImage wp-post-image" alt="my USD/JPY price analysis outlook forecast" decoding="async" style="margin-bottom: 15px;" srcset="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg 838w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-300×198.jpg 300w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-150×99.jpg 150w" sizes="(max-width: 838px) 100vw, 838px" /></div>
<p>The yen is hovering near Monday’s one-year low of 151.92. Concerns about potential BOJ intervention could continue to hinder the dollar/yen pair from rising. BOJ policy measures have not significantly sustained a yen rally. As of Tuesday, the USD/JPY outlook signals a bullish trend, fueled by the beaten yen, struggling near a three-decade low against…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/usd-jpy-outlook-yen-clings-to-3-decade-low-against-dollar/">USD/JPY Outlook: Yen Clings to 3-Decade Low Against Dollar</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *