Divergence in monetary policy and strong demand for commodities supported USDJPY bulls. While the Bank of Japan does not intend to change anything, the Fed is about to raise rates by 50 basis points. Let us discuss the Forex outlook and make up a trading plan.
Monthly yen fundamental forecast
Who will benefit from this? By answering this question, traders will understand why the exchange rate is falling or rising. The weakening of the yen against the US dollar is beneficial for both the Bank of Japan and the Fed. The Japanese regulator may finally achieve the inflation target of 2%, while… Read full author’s opinion and review in blog of #LiteFinance