The yen is saved. For how long? Forecast as of 11.09.2023

The higher the USDJPY quotes were rising, the higher the risk of monetary interventions was. However, the government did with verbal ones. The yen feels better, but has it saved itself once and for all? Let’s discuss it and make a trading plan.

Weekly fundamental forecast for yen

Kazuo Ueda's single hint at policy normalization was enough to save the yen. The BoJ Governor said the bank would have enough clues by the end of the year to understand if the yield curve control policy should be abandoned. The statement turned up so unexpected that the USDJPY quotes collapsed below… Read full author’s opinion and review in blog of #LiteFinance