Yen's wishful thinking. Forecast as of 29.01.2024

If global inflation is slowing, why shouldn't it slow in Japan? Is BoJ's monetary normalization premature now? Let us discuss the Forex outlook and make up a trading plan for USDJPY.

Weekly Japanese yen fundamental forecast

To achieve a result, the efforts of both parties are important. The Bank of Japan has done everything possible to keep the intrigue with the monetary normalization, but this is not enough to restore the USDJPY downtrend. Investors are demanding the Fed confirm its December dovish reversal signals as US inflation rapidly approaches the 2% target. What will Fed officials do?

The idea of monetary… Read full author’s opinion and review in blog of #LiteFinance