Will the yen save itself? Forecast as of 26.06.2023

The USDJPY bears' positions look hopeless. When the Fed and other central banks raise rates and the BoJ is set on continuing its ultra-soft policy, the yen is doomed. What can help it out? Let’s discuss it and make a trading plan.

Weekly fundamental forecast for yen

The market prices everything in. The yen's fall to the 7-month lows against the USD and 15-year lows against the euro can mean only one thing: the BoJ's policy is too soft. At the same time, just one BoJ board member calls for reviewing the yield-curve-control mechanism that has been keeping Japanese bond… Read full author’s opinion and review in blog of #LiteFinance