The Fed surprised markets with higher-than-expected interest rate projections. The BoJ maintained its ultra-loose monetary policy. Investors are scrambling for the safe-haven dollar after Putin’s speech. Today’s USD/JPY forecast is bullish. Just hours after the Federal Reserve shocked the markets with hawkish interest-rate projections, the Bank of Japan continued its ultra-easing stimulus, sending the US … Continued
The post USD/JPY Forecast: Stubborn BoJ Takes the Pair to 24-year Highs appeared first on Forex Crunch.
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