Yen confused. Forecast as of 02.08.2023

The USDJPY rally in response to the BoJ's decision to normalize monetary policy looks strange. However, not everything depends on the direction. Speed is also important. If the central bank acts slowly, the yen will suffer even more. Let us discuss the Forex outlook and make up a trading plan.

Weekly Japanese yen fundamental forecast

Jerome Powell's announcement that this is not an environment in which the Fed would like to give a lot of forward guidance surprised the markets. However, Kazuo Ueda shocked them to the core. The Japanese central bank provides really confusing comments. The regulator is not willing… Read full author’s opinion and review in blog of #LiteFinance