Yen is about to slow down. Forecast as of 03.01.2024

BY admin admin

Perhaps the disappointing start to 2024 for USDJPY bears is a sign of a recovery of the long-term uptrend. Have asset managers rushed to become yen net buyers or not? Let us discuss the Forex outlook and make up a trading plan.

Weekly Japanese yen fundamental forecast

The yen's disappointing start did not deprive it of its status as a Forex favorite. BoJ officials have not forgotten the idea of normalizing monetary policy in 2024. The Fed is also not going to refuse to cut the federal funds rate. This means that divergence in monetary policy helps USDJPY bears, and the pair's… Read full author’s opinion and review in blog of #LiteFinance

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