USD/JPY Forecast: Downside Risk Soars After BoJ’s Remarks

<div><img width="838" height="554" src="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg" class="type:primaryImage wp-post-image" alt="my USD/JPY price analysis outlook forecast" decoding="async" style="margin-bottom: 15px;" srcset="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg 838w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-300×198.jpg 300w, https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2-150×99.jpg 150w" sizes="(max-width: 838px) 100vw, 838px" /></div>
<p>Ueda said that the BOJ might abandon its negative interest rate policy. The dollar declined in anticipation of this week’s crucial US inflation report. Ueda’s statements aimed to halt the yen’s decline against the dollar. Today’s USD/JPY forecast is bearish. Notably, the yen surged, driven by remarks from Bank of Japan (BOJ) Governor Kazuo Ueda….</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/usd-jpy-forecast-downside-risk-soars-after-bojs-remarks/">USD/JPY Forecast: Downside Risk Soars After BoJ’s Remarks</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>