Yen is held back. Forecast as of 27.01.2022

A successful start doesn’t guarantee a victory. The USDJPY bulls are to go ahead amid growing expectations of a more aggressive Fed’s monetary tightening.

Fundamental yen forecast for a year

Rising demand for safe-havens, capital repatriation by Japanese investors, and talks about the start of the BoJ’s monetary tightening made the yen really popular. In late 2021, the Japanese yen was among the G10 outsiders, but it turned one of the best performers in early 2022. However, Jerome Powell’s hawkish stance at the press conference following the FOMC January meeting has discouraged the USDJPY bears.

Japanese investors were actively investing… Read full author’s opinion and review in blog of #LiteForex