Yen makes a second try. Forecast as of 18.12.2023

In late 2023, the situation seems familiar. As in March-April, investors predict a fall in USDJPY. However, the current market environment is fundamentally different from the previous one. Will the pair meet the downside forecasts? Let us discuss the Forex outlook and make up a trading plan.

Yearly Japanese yen fundamental forecast

Now or never! If Kazuo Ueda fails to normalize monetary policy in 2024, he will likely have to stick with monetary stimulus for the rest of his term as the BoJ governor. Inflation in Japan has been above the target of 2% for more than a year and… Read full author’s opinion and review in blog of #LiteFinance