The yen recovered as investors became cautious amid intervention warnings. Masato Kanda warned that authorities would do everything necessary to support the yen. Economists believe the US GDP will hold at 3.2%. The USD/JPY forecast leans slightly bearish as Japan’s intervention warnings breathe new life into the yen. After hitting a 34-year low on Wednesday,…
The post USD/JPY Forecast: Japan’s Intervention Warnings Boost Yen appeared first on Forex Crunch.
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