In October, Japan’s imports increased significantly, widening the trade deficit. The Yen’s decline drives up import prices, hurting consumers and producers. Japan’s economy contracted in Q3 for the first time in a year. Today’s USD/JPY outlook is slightly bullish as Japan’s economy further deteriorates. In October, Japan’s imports increased significantly compared to the same month … Continued
The post USD/JPY Outlook: Buyers Emerging Amid Weak JPY, Fed Hawks appeared first on Forex Crunch.
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