USD/JPY Outlook: Hits 8-Month Top amid Firm Greenback

<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>There was unexpected strength in the US services sector in August. There’s a greater than 40% probability of a November Fed hike. BOJ’s Nakagawa emphasized the importance of retaining ultra-loose monetary policy. Today’s USD/JPY outlook is bullish. Notably, the US dollar reached a fresh high of 147.875 yen on Thursday, marking its highest since last…</p>
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