Yen: first try and then trust. Forecast as of 19.07.2023

Investors are more and more inclined to think the Fed made a mistake, expecting a rate hike to 5.75%. Why can't the Bank of Japan do the same? It plans to continue an ultra-soft policy, but anything is possible. Let’s discuss it and make a trading plan for USDJPY.

Weekly fundamental forecast for yen

One should not be too self-confident in the Forex market. Hedge funds have doubled net shorts in the yen since the beginning of the year and have been severely punished. The USDJPY dropped by 4% within two weeks amid a US inflationary slowdown to 3% and… Read full author’s opinion and review in blog of #LiteFinance