Yen losing patience. Forecast as of 25.09.2023
The trade-weighted yen fell to an all-time low amid the divergence in monetary policy of the Fed and the BoJ. The Bank of Japan does not pay attention to this, leaving verbal interventions to the government. Let us discuss the Forex outlook and make up a USDJPY trading plan.
Weekly Japanese yen fundamental forecast
If the Bank of Japan says nothing about the weakening of the yen and intends to continue its monetary stimulus policy, why should the USDJPY fall? The pair breaks through record highs and does not react to the Japanese government's verbal interventions. To what level should the… Read full author’s opinion and review in blog of #LiteFinance
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