Categories: Forex Analysis

USD/JPY Forecast: Rally Pauses as Investors Await Fed Rate Cut

Trump won the US presidential election. The Federal Reserve will likely cut rates by 25-bps later today. The likelihood of a December Fed rate cut fell from 77% to 67%.   The USD/JPY forecast shows a slight pullback amid a strong bullish surge as the focus shifts from Trump’s win to the upcoming FOMC policy…
The post USD/JPY Forecast: Rally Pauses as Investors Await Fed Rate Cut appeared first on Forex Crunch.
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