USD/JPY forecast: will the yen open a window to economy

Fundamental Yen forecast for today

The gap between Japan and US bond yields will give a clue on USD/JPY future price trend

Before the recession, it was beneficial to trade the USD/JPY on the U.S. economic news. The BoJ’s yield curve control policy, in fact, left the Japanese government bonds out of the game as the JGB yields remained the same. The US positive domestic data widened the yield gap, which strengthened the US dollar. A narrower spread between the yields on the Treasuries and the JGB encouraged the yen bulls to go ahead. The pandemic and global recession changed the game…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>