The bullish trend for USD/JPY continued at a slower pace. Market participants slashed bets for a 50-bps November Fed rate cut. Economists expect inflation to ease from 2.5% to 2.3%. The USD/JPY forecast shows dark clouds gathering over the recent bullish trend as market participants await the all-important US CPI report. Still, after rallying on…
The post USD/JPY Forecast: Bullish Optimism Fades Ahead of CPI Data appeared first on Forex Crunch.
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