USD/JPY Outlook: Yen Heads for a Stellar Week Against the 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" style="margin-bottom: 15px;" decoding="async" 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>There is optimism that Japan’s ultra-low interest rates are approaching their end. The dollar was weak ahead of the awaited US nonfarm payrolls report. Japan’s economy contracted faster than initially estimated in the third quarter. As the week drew to a close, the USD/JPY outlook took a bearish turn, driven by the yen’s formidable rally….</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/08/usd-jpy-outlook-yen-heads-for-a-stellar-week-against-the-dollar/">USD/JPY Outlook: Yen Heads for a Stellar Week Against the Dollar</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>