USD/JPY Outlook: Yen Slides Amid BoJ Policy Shift

<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>The BOJ tiptoed away from its longstanding monetary stimulus program. The yen depreciated by approximately 0.8%. The dollar continued to be supported by the possibility of another Fed rate hike. The USD/JPY outlook is optimistic today, driven by the yen’s decline, which finds itself skimming the depths of a one-year low against the dollar. This…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/usd-jpy-outlook-yen-slides-amid-boj-policy-shift/">USD/JPY Outlook: Yen Slides Amid BoJ Policy Shift</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *