Yen is tired of surprise. Forecast as of 18.09.2023

The Fed is likely to keep its 5.75% federal funds rate forecast in place, and the Bank of Japan will refrain from surprises in September. How the divergence in monetary policy will affect the yen? Let us discuss the Forex outlook and make up a USDJPY trading plan.

Weekly Japanese yen fundamental forecast

Surprises are good, but not all the time. Since the end of 2022, the Bank of Japan has already surprised the markets several times. The regulator has expanded the bond yield target range twice and resorted to foreign exchange interventions. Therefore, when Kazuo Ueda spoke about obtaining the necessary information… Read full author’s opinion and review in blog of #LiteFinance