USD/JPY Outlook: Investors Flock to Dollar Ahead of Powell

<p>Powell’s speech might provide insights into the direction of interest rates. The Bank of Japan might begin reducing its substantial monetary easing in a year. Japan needs continuous wage growth to achieve inflation driven by economic expansion. Today’s USD/JPY outlook is bullish. The US dollar strengthened, reaching a more than two-month high. Moreover, it is … <a href="https://www.forexcrunch.com/usd-jpy-outlook-investors-flock-to-dollar-ahead-of-powell/">Continued</a></p>
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